The Cost of Medicaid Has Increased 31,212 % - Granite Grok

The Cost of Medicaid Has Increased 31,212 %

medicade- Looks refreshing, but always comes back to haunt you laterIf NH Senate Republicans would like to do some more math on just how much that best-case scenario 10% is going to cost their New Hampshire constituents over the long haul, (Democrats don’t care, by the way) they might want to factor this in as well.

c/o The Daily Caller

Using government data, in his report Coburn compares the initial spending and participation of each federal health-care program to its recent outlays in inflation adjusted terms.

Coburn, a medical doctor by trade, begins with Medicaid, highlighting that when the program was at its inception in 1966, it cost $800 million and had an enrollment of 4 million people. In 2012, Medicaid spent $250.5 billion on 55.6 million people — a cost increase of 31,212.5 percent and enrollment increase of 1,290 percent over 46 years.

Two facts.  It will always cost a lot more and once you say yes it is never going away.  Never.

Is that a fitting legacy for NH Senate Republicans who ignored(all) the facts and gave up the New Hampshire advantage in search of a broken drink umbrellas worth of political cover? (And not even that–The left will just double down the pressure on something else.)

We should make T-Shirts.  “Jeb Bradley Poisoned the Water Hole.” How about “Chuck Morse Did to the NH Advantage What Democrats have been trying to do for decades.”  Make up a few of your own.  It’s fun.

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