Posted on 03/19/2018 10:24:28 AM PDT by spintreebob
As more states consider expanding Medicaid under the Affordable Care Act, along comes another independent study showing increased government insurance for low-income Americans pays for itself.
Take the state of Montana, which expanded Medicaid in 2016 to more than 90,000 people. A study out this month from the University of Montana’s Bureau of Business and Economic Research shows the expansion of Medicaid generates a half-trillion dollars a year in healthcare spending. Of that, 70%, or $350 million to $400 million, is “new money circulating in Montana’s economy.”
Beginning this year, states gradually began to pick up some costs, but the federal government still picks up 90% or more of Medicaid expansion through 2020.
“It’s new money into the economy,” University of Montana’s Bryce Ward, the study’s author, said of Medicaid expansion in an interview. “In 2020, the state has to pay its full 10% share, but you get the 90% from taxpayers in other states.”
... And an independent study by a government bureaucrat employee? How independent is that?
(Excerpt) Read more at forbes.com ...
I don’t care what the government wants. I love my healthcare providers. Are you on Medicare?
No and never will be. It is actually federal tyranny, not unlike Hitler's rise to power by promising everybody all kinds of goodies - also, not unlike Obama. That's how tyranny works.
Your medial insurance should be on the free market where it would be much cheaper, not administered by the federal bureaucracy. You don't care, but your kids will when they discover how miserable socialized medicine really is.
I can’t afford the free market.
And THAT is because the feds screwed it all up. As I said, you don’t mind, but your children will.
Just ask the British who are under socialized medicine. Check their teeth. Find out how long they have to wait for care we expect right away.
Medicare doesn’t cover dental. It should.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.