Friday, November 18, 2016

Obamacare expansion flood threatens state budgets

Hot Air reports:
State funding for public safety, education, infrastructure, and programs for the truly needy in dozens of states will be swept away in a flood of Obamacare Medicaid expansion costs unless lawmakers quickly change course.

In all 24 of the Obamacare expansion states that have released a year or more of enrollment data, sign-ups have already exceeded their projected maximums, the Foundation for Government Accountability reported in a study released Wednesday. Combined with per-person costs that were 49 percent higher than expected last year, Obamacare expansion enrollment is set to swamp states’ ability to fund taxpayer priorities.

Obamacare’s Medicaid expansion makes working-age adults with no kids and no disabilities eligible for a welfare program that was costly and ineffective long before Obamacare. The 24 states with a year or more of data available expected no more than 5.5 million would ever sign up, but their expansion enrollment is already 11.5 million – more than double its projected all-time maximum.
Imagine that.