Skip to comments.Rising Cost of Medicaid Expansion Is Unnerving Some States
Posted on 10/06/2016 12:11:17 PM PDT by tekrat
The cost of expanding Medicaid under President Barack Obama's health care overhaul is rising faster than expected in many states, causing budget anxieties and political misgivings.
Far more people than projected are signing up under the new, more relaxed eligibility requirements, and their health care costs are running higher than anticipated, in part because the new enrollees are apparently sicker than expected. Rising drug prices may also be a factor.
As a result, at least three expansion states, Arkansas, Kentucky and Ohio, have been pushing to require Medicaid recipients to pay more toward their health insurance - a step that some experts say could lead tens of thousands of poor people who can't afford the extra cost to drop off the Medicaid rolls and go without coverage. Contrary to common perceptions, Medicaid coverage isn't always free - many states require modest copayments.
(Excerpt) Read more at abcnews.go.com ...
I gotta admit it’s oddly satisfying to just be a spectator in this health care insurance nightmare.
So what did these “some states” think????? That there was a magic healthcare fairy who would pay for it all? The iron law of public spending is that there is no free lunch, despite what some lying or stupid politicians think.
An absolute deluge of bad Obamacare stories in the MSM today.
I fear some of you FReepers are right.
This is setting the stage for Hillary to propose single payer.
Preaching to the choir.
The expansion was designed to destroy states’ budget...thus the country. The morons in state government fell right into the web.
No it's not. ABC News and the AP got Grubered. Obamacare is the craziest thing in the [Marxist] world.
I think even most Democrats recognize that they get more screwed every time the government does something else to "fix" the problem.
They seem to have forgotten, in their calculations, that when healthcare is provided on a subsidized basis, everyone suddenly gets sick.
No kidding. Costs rising faster than expected. LOL. To Kasich but not you and me and perhaps 99% of Freepers.
“Estate Asset Recovery”
This is gonna be fun!
If you give away free shoes more people will sign up “than expected”.
If you give away free bread more people will sign up “than expected.”
This is not rocket science.
All that is required for evil to prosper is for good men to do nothing.
“Nobody saw it coming” #317.
Oh, I’m doing something. I’m opting out and taking the 8% reason. More people should do that. The older you are, the easier it is, because the cost of even the bronze plan is so high.
I’m part of the reason it’s collapsing. I’ve saved ~$45,000 after tax dollars since its inception.
> rising faster than expected
That’s a BS excuse. The law was intentionally written so states could get a short term “budget win” by having the federal government pay most of the expansion cost for a few years then states would face a huge budget problem that EVERYONE paying attention understood. The federal carrot they chased is running out and they’re making excuses for why citizens will be facing the budget cuts in other areas.
Every single governor that took the carrot knew there would be big, negative budget consequences in the near future. The Ds had to for the party at the expense of citizens. The R governors who took it violated both their citizens and their party. But they decided that re-election (or another short-term issue) was more important than the long-term budget consequences.
It’s not satisfying when you get the renewal notice that your premiums are going up 45% from last year for the same policy. We’ve got to come up with an extra $200+ a month somehow.
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