Wyoming Liberty Group
Ever since Obamacare took effect, hospitals have lobbied states incessantly to pass its Medicaid expansion provision. But new research suggests that Medicaid expansion won’t help hospitals and may even harm them.
Welfare was originally created as a safety-net of last resort for those unable to help themselves. But all too often it traps otherwise productive individuals in government dependency, sapping their potential and life prospects.
Entitlements used to be considered the “third-rail” of American politics. Now the public recognizes that without major changes to Medicare and Medicaid, both programs threaten our fiscal future. Fortunately, there are reforms that not only save taxpayers money, but also deliver better healthcare to the elderly and needy.
Medicare and Medicaid are the two largest government-run health insurance programs in the United States, and arguably the world. Combined, they cover an estimated 120 million Americans and spend a quarter of the federal government’s budget. And without major reforms, these entitlements threaten to bankrupt taxpayers and hang patients out to dry.
Medicaid’s allies are gearing up their expansion drive for the 2016 budget session. As usual, they’re trying to convince Wyomingites that they will save big if government spends more of their money. We’ve heard this story before.
With just a few weeks until open enrollment, WINhealth has decided to leave Wyoming’s health insurance exchange. The insurer hoped that Obamacare’s federal bailout fund would pay for its losses. However, it only paid insurers a fraction of what it promised. Wyoming legislators rejected Medicaid expansion last year because they worried the federal government would renege on its promises and here is a prime example. Insurers have found out the hard way the federal government can’t be trusted. Let’s hope it is a lesson learned by legislators still pushing for Medicaid expansion.