Medicaid is eating into state budgets and crowding out money for education and other services
Since 2000, states are devoting more of their revenue to Medicaid and are at risk of having Medicaid spending overrun the rest of their budgets according to research from Pew Charitable Trusts. The report found as Medicaid spending consumes more of states’ revenue there is less to spend on other government goods and services, such as infrastructure, education, and parks. These findings are collaborated by a report from the Foundation for Government Accountability which found as Louisiana doubled its share of revenue spent on Medicaid from 2000 to 2017, the share devoted to education declined by 16 percent over the same period. The attached article expresses that even though U.S. health care system needs improvement Medicaid expansion doesn’t do anything to change the current system; the system requires real reforms. Read article here…
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