In rejecting federal Medicaid funds, Perry decides not to run government like a business is an article that I found to be really interesting after browsing through several others.The author Harvey Kronberg feels as though Texas politicians need to keep their promise of running government as a business and by rejecting federal medicaid funds, they are not fulfilling this end. Though the Affordable Care Act could be adjusted, it still remains that the Texas government like most others is in huge debt and they need that tax money to help robust the economy and so by simply not willing to be a part of it means those funds will be redirected to other states.
The author states that by Texas opting out of this deal, its does not save the Feds money but costs families in Texas big bucks. Fact is a lot of people in Texas are uninsured and when they end up in the emergency room or a doctor's office, the cost is more than quadrupled what it would be for someone with insurance but what that means is we are stuck paying back that money in taxes and estimates say about 1800 dollars of insured family premiums pay for the free riders . As stated in the article, the Feds do pick up this increased cost and after 5years the state gets 95 cents for every nickle spent which is a huge profit. But the state is concerned with the huge cost of implementing the program and simply would not risk it.
This article really got me pondering about the whole government system in Texas. I do understand that especially being a conservative state, officials would not be willing to engage in such a program but at the same time I feel as though they need to sit down, do the math and realize that this is an option that could truly help the economy and benefit the state as a whole in the long run. There is a video on there too so if you get a chance read it..its worth your 5 minutes.
No comments:
Post a Comment