The new healthcare law that passed in 2010 was more of an expansion of getting people on medicaid then getting insurance. Medicaid is the “universal health care” that most don’t realize exists and it is taking on millions of new people each year. FORBES magazine has pretty lengthy write up about this program along with medicare.
Doctors seeing Medicare patients face a 24 percent cut in reimbursements beginning January 1. But almost no one has grasped that those cuts will hit Medicaid too—thanks to Obamacare. Together both programs cover more than 100 million Americans, and the government expects about 9 million more people to join Medicaid next year.
The number of just regular doctors is drying up as new doctors coming out of med school go into specialty areas. Doctors cannot afford new Medicaid patients and here is one reason why:
Medicaid pays doctors about 59 percent of what medicare pays them—which is why doctors increasingly refuse to take new Medicaid patients.
In 2012 doctors ran to the exits in fleeing medicaid.
The Centers for Medicare and Medicaid Services (CMS) recently released a document showing that 9,500 doctors who had previously accepted Medicaid patients refused to do so in 2012.
In 2013 Congress voted to increase medicaid payments at the same rate of medicare. Now that is about to get cut again. The up and down of government intrusion in healthcare as this complicated law unfolds is taking a toll on our healthcare system. The people who suffer ultimately will be the patients.
The Stockholm International Peace Research Institute investigated what countries sold Iraq weapons while Saddam Hussein was dictator. Their research debunks the long held belief that the United States was the sole seller of military arms.
Share per nation of sale of weapons to Iraq from 1973 through 2002.
America is tied with Egypt, Romania, Denmark and Libya at 1%.
Corn for grain production will set a new record in 2014 at 14.5 billion bushels on fewer acres planted compared to 2013. World corn production is also setting new records.
Soybean farmers are now expected to harvest 3.96 billion bushels, up 31 million bushels from the October estimate. Fifteen states including Indiana, Missouri and South Dakota are expected to report records for the amount of soybeans grown per acre with the average yield at 47.5 bushels per acre. Area for harvest in the United States is forecast at a record 83.4 million acres, unchanged from last month.
(Indiana) Corn yield was unchanged from last month’s projection of 186 bushels per acre. This will be a record corn yield for Indiana if realized. Corn for grain harvested acres was 5.75 million acres. Total production is still expected to weigh in at a record-breaking 1.07 billion bushels. Soybean yield at 54.0 bushels per acre was unchanged from last month’s forecast. This yield if realized will be a record for soybean yield in Indiana. The soybean harvest is anticipated to rake in 296 million bushels, which would make 2014 a record production year.
H/T Hoosieragtoday.com for recent numbers
Marketwatch.com is reporting Indiana State University is wanting to sell $20 Million in bonds so it can refund outstanding student fee bonds, and to pay costs of issuance. Fitch provided a detailed analysis and gave the university a grade of (AA-). This should make investors feel comfortable when buying the debt. Debt sale is planned for December 8th.
Here is some highlights of the article:
-As of fall 2014, the university had 11 residence halls with total occupancy for 3,660 students and a 99.5% occupancy rate, including the recently completed Reeve Hall.
-Indiana State has over $110 Million in existing bonds due to residence hall and food services upgrades
– the university’s fall enrollment headcount grew to a record high of 13,183 in fall 2014, increasing by 2,649 students (or 25.1%) over fall 2009.
– ISU’s available funds, defined by Fitch as cash and investments not permanently restricted, grew to about $157 million at the close of fiscal 2014, up 5.8% from the prior year and 39.9% from the period since fiscal 2010.
An unspoken sin not addressed by pro immigrant advocates is the yearly waste and destruction illegals leave behind in the form of trash and human waste. The taxpayers in Southern states and on federal level get the bill for the cleanup according to Judicial Watch:
Each year illegal immigrants leave behind an estimated 2,000 tons of trash—including soiled diapers, plastic bottles and abandoned vehicles—in public Arizona lands along the border.
Getting cleanup crews and equipment to these increasingly remote portions of the desert is, not only tough, but also hazardous. Camp sites set up by illegal immigrants and drug smugglers are the most difficult to clean up.
How much does it cost to clean up?
This so-called “landfill fee” ranges from $37 to $49 per ton in southern Arizona and that doesn’t even include costs for materials, equipment, labor and transportation.
2007 financial report for the state of Arizona titled “The Southern Arizona Project To Mitigate Damages Resulting from Illegal Immigration”. In the report, clean up costs over a span of 5 years totaled $4.4 Million. Damage caused by illegals each year is just not trash but also infrastructure and national monuments in parks located on these corridors they travel on.
Indiana State Police statistics show 570,712 active firearm licenses in the state, with 22 percent belonging to women.
Medicaid spending in state budgets is becoming the largest line item costs in many state governments. State Budget Solutions had this national average stat:
Though the federal government provides some Medicaid funds via matching rates, this welfare program has been taking up a larger and larger share of state budgets in recent years. In fact, Medicaid is the largest category of state spending, accounting for 23.6 percent of state budget expenditures according to the National Association of State Budget Officers. That percentage is likely to increase over time.
Indiana currently spends over 27% of their budget on Medicaid.