Report: Obama health law a good deal for states
by RICARDO ALONSO-ZALDIVAR,Associated Press
Nov 26, 2012 | 3449 views | 4 4 comments | 9 9 recommendations | email to a friend | print
WASHINGTON (AP) — A new report says states can receive more than $9 in federal money for every dollar they spend to cover low-income residents under President Barack Obama's health care law.

Expanding Medicaid to cover about 20 million more low-income people will cost a total of more than $1 trillion from 2013 to 2022, the report estimates. But states will pay just $76 billion of that, or roughly 7 percent of the cost.

Two nonpartisan groups, the Kaiser Family Foundation and the Urban Institute, collaborated on the new analysis.

It also found that a few states might actually spend less than they do now.

The Supreme Court allowed states to opt out of the health care law's Medicaid expansion, an issue that will be hotly debated when state legislatures meet next year.
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Ihatepolitics
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November 30, 2012
The third most common cause of deaths in the U.S. is iatrogenic disease (complications you get from being treated medically).

106,000 non-error negative effects of drugs

80,000 infections in hospitals

45,000 other errors in hospitals

12,000 unnecessary surgery

7,000 medication errors in hospitals

250,000 total deaths per year from iatrogenic diseases.

If hospitals would reduce iatrogenic complications, healthcare would be much more affordable, whether private or public. Of course, their revenue would drop substantially--in the short run at least.
Ihatepolitics
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November 30, 2012
Extra costs for the consumer (whether personally or through higher insurance costs) of iatrogenic diseases: $77 billion.

Source for most of the above data: articles in mainstream medical journals (e.g. JAMA).
wish2010
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November 28, 2012
I think Ricardo has been in the cool-aid again.

I conferred with Forest Gump on this and he said "stupid is as stupid does."
VN7073
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November 26, 2012
Ok, question then. It will cost the federal government a trillion dollars. Where exactly does the feds get a trillion dollars? Oh, instead of it coming out of our state income tax, it will have to come out of our federal income tax. Yeah, that sounds like a great deal. If you're a state governor. Seems like we're still paying the bill, just using a different middle man.

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