Feds bail out Massachusetts, but who bails out feds?
November 3rd, 2009 | by Brian Schwartz |Writes Grace-Marie Turner in the Wall Street Journal:
Massachusetts is a problematic model on which to base federal health-care reform because the state relies heavily on Medicaid. Washington in 2008 agreed to provide the state with $10.6 billion over three years as part of its Medicaid waiver request, which allows the state to subsidize insurance for people with incomes higher than Medicaid rules normally allow.
Unlike Massachusetts, the federal government doesn’t have a back-up source of funds to help it pay for national health care. Washington might want to see how Massachusetts does in solving these problems before proceeding with a similar model for the country.
Read her whole article: Costs Keep Rising (in Massachusetts).
tags: mandatory insurance, Massachusetts health, Medicaid- Obama Care will emulate Massachusetts’ health “reform” failure
- Massachusetts election & Obama Care
- What the Failure of the “Massachusetts Model” Tells Us about Health Care Reform
- Mass. employers drop coverage, put employees to public dole
- Mandated insurance…runaway costs…price controls, political rationing
