I just thought I’d update you on the latest f*&king stupidity from the US about ObamaCare…cos I know you are all interested. 🙂 I’m thinking that after you read this you might think stupidity is not the right word.
Since yesterday, I have learned that the US version of our Medicare is a joint state and federally-funded programme called Medicaid and it is only for the lowest income earners…and I mean low. A woman who earned more that $1200 a month wasn’t eligible, for example. That’s $14,400 a year, to save you doing the maths. 🙂 And ObamaCare doesn’t kick in until a higher income level, so there is a whole group of people who don’t fit into either system….in fact about 8 million apparently. So, to cover this gap, the federal government has said they’ll fully fund an increase to the Medicaid programme for 3 years and, after that, the states will take on an increased share of the extra costs, building up to a maximum of 10% by 2020. So just to clarify, Medicaid is jointly funded by the state and federal governments of America, and the expansion of the programme will be fully funded by the federal government for 3 years and funded 90% by them after that.
Now, here are a few point from a report done by the American Academy of Family Physicians….
1) If all 50 states implemented the Medicaid expansion, it would cover an additional 21.6 million of the 41.2 million currently uninsured adults (or 52%).
2)The additional cost of implementing the Medicaid expansion is estimated to be only a 2.8 percent increase from what states would have spent between 2014 and 2022 without the health reform law.
2.8% increase in costs to give healthcare cover to an additional 21.6 million people…sounds a no-brainer right?
Wrong!!!! 26 states have indicated they will not sign up for the increased funding…anyone care to guess which party is in government in each of these states?