Among the many miracles ObamaCare was supposed to have wrought were reduced federal healthcare spending and lower federal deficits. Although those claims have long been suspect, the latest revelation ought to debunk them once and for all: “Up to 3 million more people could qualify for Medicaid in 2014 as a result of” the healthcare law, according to the Associated Press.
As state and federal deficits continue to climb and as entitlement spending maintains a sharp upward curve, Texas legislators passed a sweeping reform package on Wednesday that would transform the state’s Medicaid program. The measure would work to privatize Medicaid in South Texas and permit the development of healthcare cooperatives, a form of mutual insurance that helps members get access to medical care on preferential terms.
The 11th Circuit U.S. Court of Appeals began hearing arguments yesterday for the next legal battle over ObamaCare. The court's three presiding judges are reviewing the previous decision of Florida Judge Roger Vinson, who found the entire 2,700-page healthcare legislation to be unconstitutional.
Over the Memorial Day weekend, while many were getting their first taste of summer — ergo, not reading the news — it was reported that U.S. hospitals were experiencing shortages of both common and specialized drugs, so much so that they are looking for substitutes and combing the globe for overseas suppliers. An Associated Press story announced that some “89 drug shortages occurred in the first three months of this year, according to the University of Utah’s Drug Information Service (UUDIC)…which tracks shortages for the American Society of Health-System Pharmacies.”
Medicare presents an enormous unfunded liability — $24.6 trillion, according to its trustees — to the U.S. government and, by extension, to U.S. taxpayers, who will have to pony up their hard-earned income to pay for the government’s promises of free healthcare for senior citizens. A reasonable person might give serious consideration to radically altering, if not abolishing, the program to reduce its long-term, clearly unsustainable cost.