BusinessPolicy & Law

Reasons to Reform Medicaid

1 Mins read

Senators Orrin Hatch (R-Utah) and Tom Coburn (R-Okla.) have produced ten. Here are my top four:

Senators Orrin Hatch (R-Utah) and Tom Coburn (R-Okla.) have produced ten. Here are my top four:

  1. In the State of Oregon, as many as one out of five individuals enrolled in Medicaid aren’t even eligible for the program.(Source: HHS Secretary Kathleen Sebelius letter to Senator John Cornyn. February 25, 2010.)
  2. You can own a half a million dollar luxury home and still qualify for Medicaid. (Source: The Social Security Act: Section 1917(f).)
  3. An entire consulting industry now teaches how to do financial planning around Medicaid’s long-term care offerings, and not surprisingly, taxpayers now finance 40 percent of long-term care services in America through Medicaid. (Sources: The Center for Long-Term Care Reform: Medicaid Planning Quotes and Kaiser Commission on Medicaid and the Uninsured: Medicaid and Long-Term Care Services and Supports. March 2011)
  4. Individuals with an income of $64,000 a year — nearly $15,000 higher than the median household income in the United States — can now qualify for Medicaid. (Sources: U.S. Census Bureau: Income, Poverty and Health Insurance Coverage in the United States: 2010. September 2011 and Associated Press: Millions of middle-class people could get Medicaid. June 2011)
   

Related posts
Health carePolicy & Law

Health Insurance Schemes: Find the Right One for Your Family by Doing This

3 Mins read
Besides being a major catastrophic failure, the COVID-19 pandemic has been a reality check for people worldwide. The overburdening costs of hospitalization,…
eHealthMedical EducationMedical InnovationsPolicy & Law

Grow Your Medical Practice Online: 6 Practical Steps

3 Mins read
Business models have changed as a result of the Covid-19 pandemic. The same is true even for the healthcare sector. The internet…
Policy & Law

The EU Regulations for Clinical Trials-Everything you Need to Know

2 Mins read
European Union is made up of 27 countries sharing an economic and quasi-political eco-system. The EU allows for free trade between its…