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 ...
As opposed to what? Having the states forced to pay? Typical liberal mindset.
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Another can of worms.
This Obamacare BS is opening up new cans of worms every day.
It has to be the most expensive, most ignorant, most poorly written pice of crap to ever hit washington.
But that ws expected when we got the Kenyan.What is good enough for Zimbabwe is good enough for us.
Nothing reveals a bad law like it’s enforcement.
We are going to spend $1 Trillion creating this monstrosity and find we are much, much worse off than before in terms of quality of care, technology, wait times, death panels, etc. What a colossal waste. Only in the fevered minds of government bureaucrats would this be “affordable.”
They bifurcate the nation in their mind ~ there's the all wise and glorious people's republic they want to impose on us from the top. Then, there's the fascist goosestepping evil racist states they want to eliminate.
Obviously the Democrats have not yet been brought into the Enlightenment and really can't get beyond your basic Royalist point of view (that it's all the benevolent king versus the evil barons).
We need an emigration act that identifies these people when young so that we can ship them somewhere they think like that.
right. either way we pay, right?
Bobby Jindal told the Feds to “stuff it”, and won’t set it up in Louisiana.
This was a thinly veiled attempt by the Obama regime to force the states to increase taxes. The poor in states without expanded Medicaid will get better coverage than those forced into Medicaid Hell.
You are exactly right.
We know it and so does anyone who is going to have to pay for it.
The people that put this thing forward are counting on those who benefit from it to keep them in office.
Oh!! They talk all of the good talk about helping those in need, helping the poor the downtrodden,but all of that is just costume jewelry on a pig. It is those votes they want, and we end up with the bill.
This thing is going to make us all poor, ruin the economy, put people out of work,and turn our health care into a joke.
If there ever was a time to take investment money and just convert to cash and sit on it for the next two years...it’s now. I don’t see any economic recovery coming around and it’s pure stupidity to do anything but sit on cash.
The fairy Medicaid Mother would step in and pay.
Your cash is going to become worthless too.
What are the Obama operatives at the commie Hill talking about ?
The 26 states Won and can not be forced or threatened to
Implement the Obamacare plan !
And so far Fl,La,Ks have notified all it’s not happening there .
That is precisely what makes Justice Roberts vote such a brilliant move! Once all that is embedded, Republicans will so energized, they'll vote the bad guys out of office!
/contemptible fool mode off
Taking this at face value, it means much more.
For example, “blue” states, already financial basket cases because of their unwillingness to curtail spending, are more than willing to strangle business through required unionism demands and now taxation, yet are apparently going to now import vast numbers of non-working, poor people to get on their Medicaid dole.
“Red” states, on the other hand, are already moving to economic viability by being willing to cut back spending, lower taxes, and allow market forces to work. They will likely slash their Medicaid payments down to the “poverty level” minimum, driving out vast numbers of “minimum wage poor people.”
In a nutshell, “blue” states == high prices, high taxes and reduced tax revenue, few jobs and fewer businesses, lots of poor people resulting in higher crime rates, homelessness, etc. Their finances will be a mess and no Republican president is going to give them “free money” that they can waste.
They will go the path of California.
“Red” states, on the other hand, will have lower prices, lower taxes and higher tax revenue, low unemployment and many new businesses resulting in high wages, budget surpluses, few unions and low crime.
And they will not be thrilled to fund the folly of the “blue” states.
Wow! That’s a new wrinkle I haven’t thought of!
Analysis: Ruling adds hundreds of billions to healthcare law costs ... WITHOUT ADDING ANY ‘HEALTHCARE’ AT ALL.
It will actually reduce ‘healthcare’, especially for the sick or elderly.
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