HALEYCARE IS MORE EXPENSIVE THAN OBAMACARE? YES …
Last November FITS published an exclusive report detailing the projected rise in Medicaid enrollment in South Carolina under Gov. Nikki Haley.
According to data from the governor’s own Department of Health and Human Services (SCDHHS), enrollment is set to soar by 16 percent in the coming fiscal year – triple the projected rate of growth in the current fiscal year. That astronomical figure – which will cost South Carolina taxpayers half a billion dollars – is more than three times higher than the average growth rate in states that didn’t accept Obamacare’s Medicaid expansion.
In fact it’s higher than the 12 percent average increase in states that did accept Obamacare’s Medicaid subsidies.
Even more amazing? The same week we broke this story Haley had the audacity to tell The Wall Street Journal that South Carolina “will not expand Medicaid. Ever.”
Hmmmm-kay … so there’s more health care hypocrisy from Haley. Nothing new there.
This week The Washington Post has published Medicaid expansion data for the current year – specifically covering the six months from October to March. According to the data – compiled by Avalere Health – South Carolina added 53,600 new beneficiaries to its taxpayer-subsidized rolls over that time period. That’s the fourth-highest total out of the seventeen non-Obamacare states studied. Not only that, South Carolina’s growth rate of 5.4 percent for the period is nearly double the non-Obamacare average increase of 2.8 percent.
Ready for the kicker? Unlike Obamacare growth – which the federal government is subsidizing at 100 percent through 2016 (and at 90 percent thereafter) – South Carolina taxpayers will have to shell out a much higher percentage of expansion costs under “Haleycare.”
“If you factor current federal matching rates we will be paying at least a twenty percent premium on our expansion,” one S.C. Senator familiar with the process told FITS. “Not only are we growing the program faster than Obamacare states – we are paying more in state money to do so.”
Obviously that’s not good a reason to accept Obamacare’s Medicaid expansion … but it would have been a very good reason for Haley not to engage in her own reckless expansion.