Medicaid Actual Cost to States : Complex, Inefficient and Ineffective

The future of the Affordable Care Act is one of increased cost and decreased quality of care for everyone, not just those that didn't have insurance before the law as signed by Mr Obama and crafted, approved by every last progressive socialist democrat in congress, but every last individual in the Untied States.

This law effects more then two hundred million people and one sixth of this countries total economy. But what's so frustrating is that when it was rolled out it was to just fix the insurance problems for 9% of the population that didn't have coverage, but in the end it will not help those souls but keep them uninsured and drive the rest of the country into decline.

WOW - how cool is that, right? Who voted twice for this? Who actually knowingly voted twice to have their families brought under the power of a single committee in Washington for their very existence? Is this lost on those who voted for ObamaCare? Do they understand what has happened?

I doubt the voters have any idea what they did as they are mostly democrats which means they have a disease that even ObamaCare can not and will not cover. It's that terrible disease of complacency - 'I'm too busy to care - I don't understand this stuff - I need someone to tell what to do.'

The Economics of Medicaid: Assessing the Costs and Consequences
Source: Joseph Antos et al., "The Economics of Medicaid: Assessing the Costs and Consequences," Mercatus Center, April 8, 2014.

April 14, 2014

Medicaid, originally considered an afterthought to Medicare, is today the largest health insurance provider in the United States, say researchers for the Mercatus Center.

• Under the Affordable Care Act, the Congressional Budget Office projects Medicaid enrollment to increase nearly 30 percent by 2024 and federal spending on the program to double over the next decade.
• For the states, Medicaid is already the largest single budget item, and its rapid growth threatens to further crowd out other spending priorities.

In a collection of essays, nine Mercatus experts discuss the escalating costs and consequences of a program that provides second-class health care at first-class costs.

• The authors begin with an explanation of Medicaid's complex federal-state funding structure.
• Next, they examine how the system's conflicting incentives discourage both cost savings and efficient care.
• The final sections address the pros and cons of the most mainstream Medicaid reform proposals and offer alternative solutions.

These essays offer an assessment of how Medicaid works, its most problematic components and how -- or if -- its current structure can be adequately reformed to provide quality care, at sustainable costs, for those in need.