States should opt out of expanding Medicaid under Obamacare to curb federal and state spending, says Christina Corieri, a healthcare policy analyst at the Goldwater Institute.
Writing in The Wall Street Journal
, Corieri said if the 12 states that remain undecided on expanding their Medicaid programs joined the 18 states which have rejected expansion, it would save about $609 billion over the next eight years.
“A drop in the bucket? That's more than seven times the $85 billion in 2013 sequester cuts and more than half the projected federal deficit for this fiscal year,” she writes
States would be saving themselves money, too, by opting out, Corieri added, noting that states such as Arizona "have faced much higher costs than expected" since moving to expand their programs.
Besides, Corieri said, “It is highly unlikely that the federal government will keep its promise to pay for 90 percent of the cost of covering the healthcare of new enrollees. The Obama administration has already proposed cutting the funding available to states, including in its proposed budgets for 2011 and 2012.”
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