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Analysis: Ruling adds hundreds of billions to healthcare law costs (America's destruction)
The Hill ^ | 6/30/2012 | By Elise Viebeck

Posted on 07/01/2012 5:27:46 AM PDT by tobyhill

The Supreme Court's decision to let states opt out of the healthcare law's Medicaid expansion will increase costs by hundreds of billions, according to an analysis by a conservative think tank.

Thursday's ruling means that states can refuse to expand Medicaid coverage for millions of low-income people without facing the law's original penalty.

The American Action Forum (AAF) estimated that states will not only forgo the Medicaid expansion, they'll cut their Medicaid rolls back to the "federally designated minimum" and move everyone onto the law's insurance exchanges.

AAF chief Douglas Holtz-Eakin blogged Friday that this would force the "federal government (read: taxpayer)" to foot the bill.

"The federal government would save as much as $130 billion in Medicaid in 2014, but it would be on the hook for $230 billion in new insurance subsidies," Holtz-Eakin wrote. "The net bottom line: a $100 billion annual expansion in federal costs."

(Excerpt) Read more at thehill.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: abortion; deathpanels; obamacare; zerocare
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To: tobyhill

WOW - What a choice!!! Should we pay State Taxes or should be pay Federal taxes?

We the taxpayer pay the bill in each case.


21 posted on 07/01/2012 8:32:48 AM PDT by RichyTea (To those offended - take off your blinders)
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To: Ken H

That’s the likely intent of our “conservative” Chief Justice, however the big winners are the political establishment and the secessionists.


22 posted on 07/01/2012 8:40:26 AM PDT by RKBA Democrat (Thank you Chief Justice Arnold!)
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To: yefragetuwrabrumuy

Of course the red states won’t appreciate funding this. And countless other things. At a certain point that’s where the political battle lines will be drawn: between those who want the producers to subsidize them and those who think that the historical political affiliation is no longer advantageous.


23 posted on 07/01/2012 8:49:49 AM PDT by RKBA Democrat (Thank you Chief Justice Arnold!)
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To: radioone
Bobby Jindal told the Feds to “stuff it”, and won’t set it up in Louisiana.

Yep. I'm hoping Arizona and all other red states will do the same.

24 posted on 07/01/2012 9:28:25 AM PDT by Mogollon (Resistance to tyrants is obedience to God. -- Thomas Jefferson)
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To: tobyhill

It’s a function of how this crappy bill was written.
One healthcare analyst has said that states could make out better by abolishing Medicaid completely in their states and dumping the poor into the federally funded exchanges.

Just one way to game the system.
meanwhile, businesses will game the system by dropping health insurance.
individuals will as well.
It will explode the federal deficit while destroying our health insurance system.

And the mandate wont work, so say doctors:
http://usa.m3.com/pressdetail.cfm/711/scotus-flash-reaction-survey-64-of-primary-care-physicians-say-individualmandate-wont-work?utm_source=in-house-msg&utm_medium=message&utm_campaign=flash-survey-results

ObamaTaxCare is a train wreck.


25 posted on 07/01/2012 10:02:25 AM PDT by WOSG (REPEAL AND REPLACE OBAMA.)
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Comment #26 Removed by Moderator


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