Tinnuhana
07-24-2011, 01:10 PM
hxxp://news.newsmax.com/?ZK4RYbfF78CQoXWf0bIvZBE76xrkNlR1Z
The BHI report states: “Now that the law has been in effect for more than five years, we can begin to assess its impact on the state of Massachusetts.”
Among the findings:
• State healthcare expenditures have risen by $414 million over the five-year period.
• Private health insurance costs have risen by $4.31 billion.
• The federal government has spent an additional $2.41 billion on Medicaid in Massachusetts.
• Medicare expenditures increased by $1.42 billion.
The total cumulative cost over the period is just over $8.5 billion.
But the state has been able to shift the majority of the costs to the federal government, which continues to absorb a significant part of the cost of healthcare reform through enhanced Medicaid payments and the Medicare program — meaning Americans outside Massachusetts are helping to pay the bills for the healthcare plan.
The BHI report states: “Now that the law has been in effect for more than five years, we can begin to assess its impact on the state of Massachusetts.”
Among the findings:
• State healthcare expenditures have risen by $414 million over the five-year period.
• Private health insurance costs have risen by $4.31 billion.
• The federal government has spent an additional $2.41 billion on Medicaid in Massachusetts.
• Medicare expenditures increased by $1.42 billion.
The total cumulative cost over the period is just over $8.5 billion.
But the state has been able to shift the majority of the costs to the federal government, which continues to absorb a significant part of the cost of healthcare reform through enhanced Medicaid payments and the Medicare program — meaning Americans outside Massachusetts are helping to pay the bills for the healthcare plan.