There is a great Editorial in the Union Leader today on why Health Care giants support extending expanded Medicaid in New Hampshire: It’s a taxpayer-backed gold mine for them. We “subsidizes mediocre health insurance plans for low-income able-bodied adults without children” and the Health Care giants get paid. Plus, there’s no guarantee it will save people paying for their own insurance a dime. But if history has any lessons to teach, it won’t.
“…expanding Medicaid hasn’t done anything to hold down health insurance costs in New Hampshire. Nor can those advocating for the program promise that these lower uncompensated care costs will be passed along to customers.
The New Hampshire Health Protection Plan is the largest corporate welfare scheme in New Hampshire history. It is not about health care. It is not about drug treatment. It isn’t even about patients.
It’s about sending hundreds of millions of federal dollars to the state’s largest private companies. “
Of course, the best part is that Republican Legislative Leadership is not just all-in, they are leading the charge. Nice party you got there, be a shame if a giant taxpayer propped-up crony-handout caused something to happen to it. (Democrats are worse, by the way. They wanted this all along, so don’t ignore them when it comes time to pass out the electoral punishments.)
