ARKANSAS MEDICAID EXPANSION NO MODEL
The Charlotte Observer noted Arkansas obtained a waiver from the Obama Administration allowing them to use Medicaid expansion money to buy private health insurance for Medicaid expansion beneficiaries, something called the private option.
Is that where North Carolina should go on Medicaid expansion? Not unless we’re looking for more Medicaid cost overruns to go with the billion dollars of cost overruns in the last few years.
Let’s review what The Oklahoman reported about the Arkansas private option for ObamaCare Medicaid expansion. “WHILE Oklahoma and some other states have rejected Medicaid expansion under Obamacare, officials in neighboring Arkansas took a different approach. Instead of direct expansion of Medicaid, they got a federal waiver and used Medicaid expansion funds to help low-income citizens buy private insurance through Obamacare exchanges.
If North Carolina experienced the same private option Medicaid expansion problems Arkansas has, we would have a $100 million budget buster on our given our bigger population.
Under the waiver agreement, private-option enrollees can’t be required to pay any part of their premium out of pocket. Nor can they be required to pay deductibles out of pocket. Some co-payments are allowed, but they’re strictly limited and may total only a few dollars. The Urban Institute estimated roughly 77 percent of private-option enrollees would have no cost-sharing at all. This virtually ensures that recipients won’t be cost-conscious with their health care spending.”
North Carolina Medicaid already covers elderly people, blind and disabled people who can’t help themselves and children and parents. Medicaid already costs taxpayers $14 billion. There’s no need to add able bodied, working age adults who don’t work to the rolls.
The Governor and Legislature are under the gun to pass ObamaCare Medicaid expansion using some kind of private option. The special interests feeding off Medicaid, the media and left are united for a larger Medicaid program.
The Governor and Legislature have restored fiscal responsibility, improved the tax climate for business and now our economy is creating jobs faster than the nation. Their $3300 average raise for teachers was a serious first step to attract and reward good teachers.
Medicaid expansion under ObamaCare can blow up the budget. Just say no.