PerfectStorm
DP Veteran
- Joined
- Jun 30, 2011
- Messages
- 4,184
- Reaction score
- 5,098
- Gender
- Male
- Political Leaning
- Conservative
News from The Associated Press
That last paragraph is a beauty.
Glad NC didn't sign on to this free ride.
The cost of expanding Medicaid to millions more low-income people is increasing faster than expected, the government says, raising questions about a vital part of President Barack Obama's health care law.
The law called for the federal government to pay the entire cost of the Medicaid expansion from 2014 through the end of this year.
Obama has proposed an extra incentive for states that have not yet expanded Medicaid: three years of full federal financing no matter when they start. But the new cost estimates could complicate things. In a recent report to Congress, the Centers for Medicare and Medicaid Services said the cost of expansion was $6,366 per person for 2015, about 49 percent higher than previously estimated.
Albright said that the overall cost of the Affordable Care Act's coverage expansion is still lower than estimated when the law passed in 2010. However, other factors besides per-person costs enter into that overall figure. They include the total number of people enrolled, which has been lower because many states have not expanded Medicaid.
That last paragraph is a beauty.
Glad NC didn't sign on to this free ride.