21 Mar '12, 12am

At Least 48 Million Could Become Uninsured Under Paul Ryan's Budget | Care2 Causes

At Least 48 Million Could Become Uninsured Under Paul Ryan's Budget | Care2 Causes

– 15 MILLION FROM MEDICAID CUTS: The budget would eliminate the existing matching-grant financing structure of Medicaid and would instead give each state a pre-determined block grant that does not keep up with actual health care spending. This would shift some of the burden of Medicaid’s growing costs to the states, forcing them to — in the words of the CBO — make cutbacks that “involve reduced eligibility for Medicaid and CHIP, coverage of fewer services, lower payments to providers, or increased cost sharing by beneficiaries—all of which would reduce access to care.” The block grants would reduce federal Medicaid spending by $810 billion over 10 years, decreasing federal Medicaid spending by more than 35 percent over the decade. As a result, economists estimate that states could reduce enrollment by more than 14 million people, or almost 20 percent —even if they are were...

Full article: http://www.care2.com/causes/at-least-48-million-could-bec...

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