Reuters: Last month's Supreme Court ruling that upheld President Barack Obama's 2010 healthcare law could save the U.S. government some $84 billion over 11 years, the non-partisan Congressional Budget Office said on Tuesday.
The savings would come primarily from a portion of the ruling giving the states an escape hatch from the law's expanded program of healthcare coverage for the poor. That expansion of the Medicaid program would be funded mostly by the federal government, but eventually states would have to pick up a portion of that cost.
The CBO also estimated that 3 million uninsured people who would have received Medicaid coverage under the law before the ruling now will remain with no insurance.
The United States pays more for healthcare than any other country, but about 50 million of the roughly 310 million Americans still have no insurance at all.
Wednesday, July 25, 2012
Walker will help save Obamacare $84 million, and keep thousand from getting care.
For all those conservatives out there convinced "Obamacare" will cost more money than originally thought, guess again. Not only will the Affordable Care Act save money with a new health care deliver model, but those conservative states that opt out of expanding Medicaid will save "Obamacare" about $84 million more. Thank you, I guess: