📣 NEW: How much more would it cost the federal government if every holdout state expanded Medicaid via the #ACA? acasignups.net/21/05/10/how-m…
UPDATE: Whoops! I made a rather obvious error which impacted nearly all of the calculations; this has been corrected throughout the post.
Bottom line: As far as I can figure, it would cost roughly $341 billion over a decade to cover all 6.4 million eligible Americans, or ~$34.1 billion/year, while reducing the uninsured rate by an additional 4.0 million people.
However, keep in mind that the ACA originally assumed that ALL 50 STATES WOULD EXPAND MEDICAID STARTING IN 2014...which means that technically speaking, that money was supposed to have been being spent for the past 7+ years anyway.
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The first Zoom speaker is claiming that if they expand Medicaid, it will somehow cause people to WANT to earn less so that they'll qualify for it. Which might make some sense if the rest of the ACA didn't exist for those who earn more, or if they could afford ANY coverage NOW.
The second Zoom speaker claims that Wyoming has crappy oversight over Medicaid waste/fraud/abuse, therefore they shouldn't expand it. Here's an idea: Expand it *and* improve your oversight process? Just spitballing here.
For all the talk about the ACA being a "giveaway to the insurance industry," it actually put some serious regulations on both their practices and profit margins.
Tackling the hospital and drug industries ("providers") will be a much tougher battle.
Part of the problem for battling each of them PR-wise:
--Hospitals: Unlike insurance carriers, which are generally perceived as faceless voices on a phone, at a hospital, you can at least SEE a bunch of expensive equipment & a bunch of trained professionals doing stuff.
--Drug Companies: They've had just as terrible a reputation in the public eye as insurance carriers...but in the COVID age, suddenly they've been given an opening to (rightly or wrongly) play Saviors of the Human Race...AND THEY KNOW IT.
This article about Bill Gates’ oldest daughter is a bit depressing. She seems like a perfectly nice person, but it clearly underscores how there’s simply no way for someone as wealthy as Gates to raise his kids “normally” even if he truly wanted to. businessinsider.com/microsoft-foun…
She didn’t have her own smartphone until she turned 14...but:
“To support her passion, Gates' father set about buying property in Wellington, Florida, a hot spot for wealthy equestrians...he dropped $37M to buy a whole string of properties near Laurene Powell Jobs' estate.”
“In 2011, he told The Daily Mail that his kids would each get a "minuscule portion" of his wealth, which Forbes estimates stands at $130.5 billion. "It will mean they have to find their own way," he said.”
📣 MICHIGAN: A case study in how the #COVID19 partisan "hoax"/anti-science divide led to the COVID partisan vaccination divide: acasignups.net/21/05/03/michi…