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Message
Louisiana Medicaid Expansion had $3.5B economic impact
Posted on 4/19/18 at 12:28 pm
Posted on 4/19/18 at 12:28 pm
LINK
If you guys were really for the economic health of your state, you'd be for this. But you're not, you're shills who think tax cuts can raise the dead, so you'll shite on it.
quote:
Louisiana's Medicaid expansion program has helped create or support nearly 19,200 jobs across the state and $178 million in state and local taxes, according to a new economic analysis.
The three LSU professors hired by the state health department to look at the program during the 2016-17 budget year determined that the infusion of $1.8 billion in federal spending on health care through the Medicaid expansion had a $3.5 billion economic impact in Louisiana.
Economist Jim Richardson, the lead author on the study, said the jobs were spread around the state and should continue as long as the federal financing of the program continues.
quote:
Edwards, a Democrat, said Louisiana is saving more than $300 million this year by tapping into the Medicaid expansion's enhanced federal financing rates for coverage the state already had provided to the poor and uninsured. The higher federal match rate makes the care cheaper for Louisiana.
The federal government is paying most of the Medicaid expansion cost. Louisiana is paying a share that eventually increases to 10 percent. Lawmakers passed financing tools to help cover the state's costs, including a tax hike charged on health maintenance organizations.
If you guys were really for the economic health of your state, you'd be for this. But you're not, you're shills who think tax cuts can raise the dead, so you'll shite on it.
31
Posted on 4/19/18 at 12:30 pm to BamaAtl
Lol ok
Posted on 4/19/18 at 12:32 pm to BamaAtl
Economic growth through government spending? fricking great.
What would be the impact if taxes were cut and that money stayed in the economy and was never "given" back to begin with?
What would be the impact if taxes were cut and that money stayed in the economy and was never "given" back to begin with?
Posted on 4/19/18 at 12:33 pm to BamaAtl
And yet life expectancy and quality of life go down in the US.
Posted on 4/19/18 at 12:33 pm to BamaAtl
quote:
should continue as long as the federal financing of the program continues.
quote:
If you guys were really for the economic health of your state, you'd be for this. But you're not, you're shills who think tax cuts can raise the dead, so you'll shite on it.
Uh... Who do you think pays the taxes to support the federal financing of this? It's stupid to ignore this simple fact.
Posted on 4/19/18 at 12:34 pm to SlackMaster
quote:
Uh... Who do you think pays the taxes to support the federal financing of this?
All Americans. You and your leech state are welcome.
Posted on 4/19/18 at 12:35 pm to BamaAtl
This is as clear a case as the broken window fallacy as you can make
It’s like taking water from the deep end of the pool, dumping it in the shallow end, and claiming the water level has risen
That 3.5 billion CAME FROM SOMEWHERE ELSE. It was not created out of thin air
If the government spent billions of dollars subsidizing the coal industry, is that “creating jobs”? Under your logic it is
It’s like taking water from the deep end of the pool, dumping it in the shallow end, and claiming the water level has risen
That 3.5 billion CAME FROM SOMEWHERE ELSE. It was not created out of thin air
If the government spent billions of dollars subsidizing the coal industry, is that “creating jobs”? Under your logic it is
Posted on 4/19/18 at 12:36 pm to BamaAtl
quote:
All Americans. You and your leech state are welcome.
So are you cheering our state's leechiness or castigating us for it? I don't get what's going on here.
Posted on 4/19/18 at 12:36 pm to BamaAtl
quote:
BamaAtl
I know you are a terrible poster and this has already been explained to you many times before, but, no one has ever debated there wouldn't be an immediate positive economic impact. The downside, is that the cost the state shares goes up incrementally every year until about 4 years in, it's a net drain, and by 10 years in, it's a multi-billion $ drain on the economy.
quote:
, said the jobs were spread around the state and should continue as long as the federal financing of the program continues.
This states it. The financing will not continue.
quote:
The federal government is paying most of the Medicaid expansion cost. Louisiana is paying a share that eventually increases to 10 percent. Lawmakers passed financing tools to help cover the state's costs, including a tax hike charged on health maintenance organizations.
Your link states as much, but it doesn't state the economic impact down the road, and how this will be a net drain on the economy.
This was explained to you before, a couple years ago. I'm not surprised you keep ignoring those facts.
also
quote:
tax hike charged on health maintenance organizations
bullshite like this is why medical costs are skyrocketing, retard.
This post was edited on 4/19/18 at 12:38 pm
Posted on 4/19/18 at 12:36 pm to BamaAtl
quote:
The three LSU professors hired by the state health department to look at the program during the 2016-17 budget year determined that the infusion of $1.8 billion in federal spending on health care through the Medicaid expansion had a $3.5 billion economic impact in Louisiana.
Sounds like a solid jobs plan.
Posted on 4/19/18 at 12:37 pm to BamaAtl
quote:
You and your leech state are welcome.
Louisiana didn't want it. JBE foisted it on them and I hope the next Governor shuts it down.
Posted on 4/19/18 at 12:38 pm to Y.A. Tittle
quote:
So are you cheering our state's leechiness or castigating us for it? I don't get what's going on here.
Yeah, he's confused. Constant losing will do that to someone.
Posted on 4/19/18 at 12:38 pm to BamaAtl
quote:
If you guys were really for the economic health of your state, you'd be for this. But you're not, you're shills who think tax cuts can raise the dead, so you'll shite on it.
Y'all better not be trying to raise welfare bums from the dead! We already have enough trouble with the live ones
Posted on 4/19/18 at 12:40 pm to HailHailtoMichigan!
quote:
That 3.5 billion CAME FROM SOMEWHERE ELSE. It was not created out of thin air
You're correct. It came from expanding Medicaid, which then provided an economic impact to the state above and beyond what the Federal Government provided.
You're welcome!
Posted on 4/19/18 at 12:43 pm to BugAC
quote:
the cost the state shares goes up incrementally every year until about 4 years in, it's a net drain
This is untrue. The program won't cost $3.5B more in 4 years, even if the impact remains unchanged.
quote:
The financing will not continue.
From the report:
quote:
Prior to expanding Medicaid, the state of Louisiana would spend approximately 40 cents on the dollar for uninsured care. However, under expansion, the state of Louisiana will never spend more than 10 cents on the dollar.
I know you are a terrible poster and this has already been explained to you many times before, but you don't know shite about the real world.
Posted on 4/19/18 at 12:43 pm to BamaAtl
It's about to bankrupt us here in ALaska
Posted on 4/19/18 at 12:44 pm to BamaAtl
quote:
If you guys were really for the economic health of your state, you'd be for this.
Just wait till the feds stop paying for that extra sugar.
Posted on 4/19/18 at 12:44 pm to BamaAtl
So government spending is basically a perpetual motion machine?
Why do we need private industry, or even taxes? This federal magic can solve all the problems.
Why do we need private industry, or even taxes? This federal magic can solve all the problems.
Posted on 4/19/18 at 12:45 pm to BamaAtl
quote:
You're welcome!
You have a job?
Posted on 4/19/18 at 12:45 pm to BamaAtl
quote:
Louisiana's Medicaid expansion program has helped create or support nearly 19,200 jobs
They misspelled invent
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