Tag: Medicaid

About That CBO Report Claiming Obamacare’s Costs Are Down 20 Percent... »

In the January 2015 Budget and Economic Outlook, the Congressional Budget Office (CBO) pronounced that Obamacare’s future costs will be one-fifth lower than had been originally estimated: In March 2010, CBO and JCT projected that the provisions of the ACA related to health insurance coverage would cost the federal government $710 billion during fiscal...
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Arkansas: Caving In or Standing Up to Obamacare? »

The new governor of Arkansas, Asa Hutchinson, appears to have confused a lot of people in a recent speech about Medicaid, the joint state-federal welfare program for poor people’s health coverage. According to the Washington Post’s Jason Millman, “Republicans are finally learning they can’t undo Obamacare,” because the governor wants to do something different...
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Employers Who Dump Workers onto Medicaid: The New Corporate Welfare Queens? »

There have been a lot of predictions about the future of employer-based health benefits under Obamacare. Reports suggest that increasing numbers of small businesses are dropping health benefits and sending their employees to Obamacare’s insurance exchanges, where they are partially subsidized. Other businesses have found a bigger cost-shifting approach. BeneStream, a new benefits advisor,...
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Obamacare’s Effect on Uninsured Is Trivial »

At the end of 2014, Jason Furman and Matt Fiedler of President Obama’s Council of Economic Advisers published an analysis of the uninsured in the first half of 2014. The two economists boasted that “2014 Has Seen Largest Coverage Gains in Four Decades, Putting the Uninsured Rate at or Near Historic Lows.” Their own...
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Medicaid Expansion Does Not Create Healthcare Jobs »

Ani Turner of the Altarum Institute has examined the growth in healthcare jobs in states which expanded Medicaid versus those which did not expand Medicaid. Here are an image and an excerpt from her blog: This preliminary analysis shows that the recent acceleration in health care job growth should not be attributed primarily to Medicaid...
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High Taxes, Lack of Federal Bailout Make Vermont Cancel Single-Payer Plan »

Vermont Governor Peter Shumlin has cancelled his longstanding plan to impose government-monopoly health care in the Canadian border state: Tax hikes required to pay for the system would include a 11.5 percent payroll tax as well as an additional income tax ranging all the way up to 9.5 percent. Shumlin admitted that in the...
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How Obamacare Hurts Its Beneficiaries: Two Vignettes »

Last week, the mainstream media ran two stories about two Obamacare “beneficiaries” who were actually victims. The first was about a woman whose husband was already extremely sick, and was subject to the risk of being unable to buy health insurance in the individual market if he lost his employer-based benefits. That was a...
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Is Medicaid-Associated Overuse of Emergency Departments Just a Surge? »

Research from the UCLA Center for Health Policy Research suggests that rising Medicaid dependency does not result in a secular increase in use of hospitals’ emergency departments. Rather, the jump in ED use is just pent-up demand being satisfied, and drops off. This is the conclusion of a study that examined ED visits by...
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Berkeley’s Free Medical Marijuana Plan Shows Economic Thinking Has Gone to Pot »

In 1996, California passed Proposition 215, making it the first state to legalize medicinal marijuana. Its passage, however, did not trump federal law, under which cannabis remains illegal as per the Controlled Substance Act. Due to this illegality on the federal level, private insurance companies, as well as state programs like Medi-Cal, do not...
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Costs of Government Administration of Health Care to Almost Double in Ten Years »

This week’s report by staff of the Office of the Actuary of the Centers for Medicare and Medicaid Services concluded that the last few years of muted increases in health spending will soon be ending. Health spending will resume its upward march: The combined effects of the Affordable Care Act’s coverage expansions, faster economic...
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