On May 15, Indiana’s Mike Pence (R) became the latest governor to move toward expanding his state’s Medicaid program with new federal funding allocated by Obamacare.
Pence is trying to advance some consumer-driven reforms, but he will likely end up with more than he bargained for. Heritage expert Nina Owcharenko warns, “As with most new government programs, original estimates are likely not the true full cost.”
California is figuring that out. The Los Angeles Timesreportsthat “Enrollment is expected to exceed previous estimates by 1.4 million, and administration officials said it would cost the state $1.2 billion more than originally thought.”
That means a lot of states may see budget-busting additions to earlier estimates, which already predicted that expanding Medicaid would be costly:
These states are relying on federal funding to cover these new health insurance bills, but Owcharenko explains that states expanding Medicaid are counting on federal promises that are anything but airtight.
Lee H. Beecher, MD
President, Minnesota Physician-Patient Alliance (MPPA)
6600 Excelsior Boulevard, Suite 121
Saint Louis Park, MN 55426-4746 www.physician-patient.org
“Empowering patients to make informed health care decisions
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on Friday, July 4th, 2014 at 3:31 pm and is filed under MPPA Publications & Pronoucements.
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