Townhall
Medicaid,
the Next Obama Disaster
Bruce
Bialosky
Apr
27, 2014
President
Obama is doing his victory dance, telling us how his health care plan
has become a success because his more than his targeted number (8
million) clicked their desire to have health insurance on a website.
We will soon see how many are real policyholders, and later we will
see their real costs as everything shakes out with co-pays and
renewals next year. What we do know is that Medicaid is a pending
disaster waiting to happen.
When
the Obamacare registration period started we were regularly hearing
about all those new Medicaid sign-ups. Then we did not hear about it.
There are a few reasons for that. Some believe it was because some of
the sign-ups were actually people who had insurance plans cancelled
as part of the Obamacare realignment. Michael Tanner of the Cato
Institute told me the Obama Administration had put out a figure (8
million) that was shot down by every source as preposterous. He
states the real figure is somewhere between 1.1 million and 1.8
million new sign-ups, and Tanner tells me his source on those numbers
is legit. Now the Administration claims the figure is three million
new sign-ups, bringing the total Medicaid recipients to 61 million.
So is
that a good thing? Since Obamacare was supposedly established to
address the now estimated 46 million uninsured Americans and one
could presume that some just did not have the resources to pay for
their own insurance, the answer would seem to be yes. Until you look
at the facts.
Jason
Fodeman, a physician and adjunct scholar at The James Madison
Institute, did just that. His detailed policy study looked at
Medicaid in Florida. Florida may not be a microcosm of the other 49
states, but as the third most populace state it certainly can be
perceived as a reasonable indicator. Florida is one of the 21 states
that rejected expanding Medicaid with federal tax dollars allegedly
picking up 90% of the tab...
Read
the rest of the article at Townhall
|