Question

State Medicaid programs have been strugging as the worsening economy resulted in lower tax revenues, combined with g rowing enrolment and costs as the safety net for the newy jobless Expansion of Medicaid under ACA only serves to increase the stran States that were already reliant on managed care pians wil likety increase teir rellance as they seek the capacity to meet the increased demand for medical services of all types What is the resuit on ndwiduai states of trying to raise the taxes to tund each of their Medicaid programs? What aitematves do the states have to tund their Medicaid each of their Medicaid programs? What altematives do the states have to fund their Medicaid programs? Explain your answer

Answer 1

The result of raised taxes to fund the medicaid programme have helped the government to expand the medicaid programmes further. It has also prevented closing and shutting off of medicaid programmes. The raised taxes to fund the medicaid programme have strengthened the medicaid programme and provided larger coverage of the uninsured opulation. It lead to improved hospital finances, reduced uncompensated medical care and higher medicaid revenue.

The alternative methods include :

1. Block grants : block grants given to state for federal sharing of spendings

2. Capped allotments

3. Per capita caps

4. Shared savings