The Obamacare Burden To Your State Budget

slight of hand

Medicaid already eats up a huge share of state budgets. In Texas, for example, more than 20 percent of the state budget is spent on Medicaid. The crisis facing states across the country is that Obamacare forces states to massively expand their already burdensome Medicaid rolls. Starting in 2014 states must expand Medicaid to all non-elderly individuals with family incomes below 138 percent of the federal poverty level. At first, Obamacare picks up the first three years of benefit costs for expansion. But in 2017 states begin to shoulder a larger and larger share of these benefit costs, maxing out at 10 percent by 2020.

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One Response to “The Obamacare Burden To Your State Budget”

  • Loren:

    The states really need to consider repealing the 17th amendment. If for no other reason than to reign in the Federal government’s unfunded mandates. James Madison saw the House as The Peoples House and the Senate as The States House, whose role was to be a check on the federal government created by the states.