couple of things. 16k a year? Man i live in NYC and that don’t cover anything.
Second the feds pick up 100% of the cost of these new patients. That goes on until 2020 when it goes to 90%. This is no different from pension issues that plague states. These are truly large numbers of people in a great many states. Its the next financial fiasco. Mind you not saying they shouldn’t be in some program but this is like filling a balloon with water and waiting for it to burst.
Yeah, I believe you. Out here, we have a family of four living on less than that and really not needing for anything.
That goes on until 2020 when it goes to 90%.
The state is still getting a great deal at 90%. The fedgov can always print money and/or borrow which the state can't do.