States That Expanded Medicaid Coverage About To Face Fiscal Wrath 

Multiple times here on this blog I’ve written about the fiscal disasters hidden in Obamacare. One being the medicaid expansion was going to become a budget nightmare for states that aggressively expanded. (Thank God for former Governor Mike Pence for not falling into this trap)

Now those states are starting to pick up part of the tab as of January 1. It’s not a matter of if, but when bills come due, states will be cutting back on things like education and road repairs just to finance medicaid.

Here’s more from TownHall.com:

As of January 1, states are on the hook for 5 percent of the expansion’s costs. And with more enrollees than states expected to ever enroll, this fiscal nightmare will be even worse than expected, putting taxpayers and the truly needy at even greater risk.

On average, states have blown through their enrollment projections by 110 percent – more than twice as many enrollees as states said would ever enroll. Some states have even signed up more than four times as many adults as expected.

In Kentucky, state officials said no more than 188,000 adults would ever enroll in expansion. As of December 2015, over 439,000 had signed up – an overrun of 134 percent. Total cost overruns stand at $3.3 billion for a program that was supposedly going to save taxpayers money.

And in Ohio, nearly 715,000 able-bodied adults have enrolled in ObamaCare welfare, after state officials promised enrollment would top out at 447,000. This enrollment overrun of 60% has resulted in nearly $5 billion in cost overruns, with total cost overruns projected to surpass $8 billion by the end of this year.


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