Wednesday, June 5, 2013

Only The Talk Is Cheap

Being a stalwart guardian of democracy and the free market is going to cost a lot of money.

The states that declined to expand Medicaid will lose out on a total of $8 billion in federal funds, have millions more residents uninsured, and spend about a billion dollars more on uncompensated care as compared to states that accept the expansion.

That’s the conclusion of a new study in Health Affairs by two RAND Corporation scholars, who model the impacts on the first 14 states that opted out of Obamacare’s Medicaid expansion, which was made optional by the Supreme Court.

In total, mathematician Carter Price and economist Christine Eibner find, the 14 states that rejected the expansion will wind up with 3.6 million more uninsured people, $8.4 billion less in federal funds, and up to $1 billion more in spending on uncompensated care in 2016.

Oh, and a lot of people are going to become a burden of the state and their taxpayers because they don’t have insurance.  But hey, as long as you brave souls like Gov. Rick Perry of Texas and the patriots of the Florida legislature can flip off that black man in the White House, it doesn’t really matter, does it?

One bark on “Only The Talk Is Cheap

  1. The critical difference here is that it’s the individual states that are impacted, and they can choose to spend additional tax dollars to provide the services. That’s the essence of the new States’ Rights argument. Were these additional tax dollars will come from, of course, isn’t Washington’s concern: what matters is that whatever the result, it isn’t Big Gubmint.

Comments are closed.