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The Center on Budget and Policy Priorities, released a detailed explanation of the expansion costs of Medicaid under the Affordable Healthcare Act (aka "Obamacare"). There has been a lot of talk about what a fiscal disaster the expansion will be for individual states, when it's just the opposite. For the first few years, the Federal Government will pay for 100 percent of the Medicaid expansion. After that it covers 90 percent. ... the Medicaid expansion will significantly increase coverage at a modest cost to the states and will help reduce states’ costs for providing care to the uninsured through a variety of state programs outside of Medicaid. This analysis also examines critical statements by officials in several states who have cited higher costs to their states. It finds their estimates to be flawed because they overstated the cost of the Medicaid expansion to the state, left out (or underestimated) the savings that state and local governments will realize in other health services programs, or both. Last Updated (Monday, 20 February 2012 15:18) |
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The Wisconsin Medicaid budget is $7.5 billion a year in state and federal money in fiscal 2011, up from $5 billion in fiscal 2007, as reported in the Journal Sentinel According to the audit, documented cases of fraud resulted in 2010-2011 recoveries equal to approximately 0.005 of 1% of Medicaid spending. Doing the math, that comes out to $375,000 per year, and comes at a time when fraud investigations have decreased dramatically while the state relies on private, no-bid contractors more and more. Some advocates are suggesting that the real rationale behind the aggressive, new fraud investigation is to suppress Medicaid and BadgerCare enrollment, perhaps motivated by projected Medicaid budget shortfalls of $141 million. HealthWatch Wisconsin has an analaysis of the Medicaid Audit Report that was released last week. Last Updated (Monday, 20 February 2012 15:19) Journal Sentinel Dec. 20, 2011 Madison - As the state's health programs for the poor have ballooned in recent years, the state has relied increasingly on private contractors to administer the programs, done fewer investigations into potential fraud and not taken full advantage of cheaper ways of delivering health care, a new audit has found. Read more. Last Updated (Wednesday, 01 February 2012 17:33) The Wisconsin Legislature approved more than $500 million in Medicaid cuts. People in the BadgerCare program will be most impacted by the cuts. The plan is now in front of the Obama administration for approval. BadgerCare is targeted to the working poor and low-income unemployed and provides health insurance coverage to children, pregnant women, parents and childless adults. September 2010, there were 767,910 in the program due to eligibility expansions and the economic recession. Read the Associated Press article in Bloomberg Businessweek. Last Updated (Thursday, 17 November 2011 21:27) Public speaks out against Wisconsin Medicaid cutsFrom Bloomberg Businessweek: A plan to cut about half a billion dollars from Wisconsin's Medicaid costs put forward by Gov. Scott Walker's administration drew an overwhelmingly negative response at the first of two public hearings Wednesday ... Last Updated (Friday, 21 October 2011 15:52) |


