Illinois

Medicaid on brink of financial collapse in Illinois and other states

Thursday, June 21, 2012 by: Jonathan Benson, staff writer
Tags: Medicaid, collapse, Illinois

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
CDC issues flu vaccine apology: this year's vaccine doesn't work!
The five biggest lies about Ebola being pushed by government and mass media
Why does the CDC own a patent on Ebola 'invention?'
Ultraviolet light robot kills Ebola in two minutes; why doesn't every hospital have one of these?
Tetanus vaccines found spiked with sterilization chemical to carry out race-based genocide against Africans
Oregon man serving prison sentence for collecting rainwater on his own property
Russia taking McDonald's to court, threatens countrywide shutdown
Global warming data FAKED by government to fit climate change fictions
The best way to help your body protect itself against Ebola (or any virus or bacteria)
Healthy 12-year-old girl dies shortly after receiving HPV vaccine
Ebola outbreak may already be uncontrollable; Monsanto invests in Ebola treatment drug company as pandemic spreads
HOAX confirmed: Michelle Obama 'GMOs for children' campaign a parody of modern agricultural politics
Ben & Jerry's switches to non-GMO, Fair Trade ice cream ingredients
W.H.O. contradicts CDC, admits Ebola can spread via coughing, sneezing and by touching contaminated surfaces
BREAKING: CDC whistleblower confesses to MMR vaccine research fraud in historic public statement
Monsanto's seed imperialism halted in Canada thanks to massive protests
Cannabis dissolves cancerous tumor in young infant, deemed a 'miracle baby' by physician
Top ten things you need to do NOW to protect yourself from an uncontrolled Ebola outbreak

Delicious
(NaturalNews) The taxpayer-funded government healthcare disaster known as Medicaid is on the brink of collapse in Illinois and a number of other states, according to reports, and legislators are working feverishly to come up with solutions to keep the welfare program afloat. A recent Reuters report explains that Illinois Governor Pat Quinn, for instance, has signed into law a string of new bills that will supposedly trim roughly $2.7 billion from his state's Medicaid's expenditures in order to keep the program going.

Representing a whopping 39 percent of the entire state's general budget, Medicaid in Illinois is currently an enormous drain on the system, especially because hospitals and healthcare providers often, greatly over-bill for services and drugs dispensed under the program. This is one of the issues Gov. Quinn hopes to address with his new legislation, as well as issues of eligibility. Gov. Quinn is also cutting various Medicaid programs, which some say will eliminate health insurance coverage for thousands of Illinoisans.

Earlier in the year, the state of Missouri made cuts to its Medicaid program, as did the states of North Carolina and Wisconsin. Texas is currently in the process of making cuts to its Medicaid program as well, and Alabama has established major cuts to its Medicaid program in the 2013 budget. All across the country, in other words, states are cutting benefits, altering eligibility, and restructuring guidelines for the purpose of retaining cash.

At the same time, however, many states are once again raising taxes for the stated purpose of eliminating ongoing budget deficits. But many states, including Illinois, continue to tolerate tax loopholes, off-shore tax havens, wasteful spending, and other serious problems that need to be addressed as part of independent audits. Illinois State Rep. Chapin Rose (R-Charleston) put together a step-by-step plan back in 2010 that includes eliminating "fraud and waste in welfare," which is precisely what Gov. Quinn appears to now be doing. (http://illinoisreview.typepad.com)

The bigger problem, though, is the centralized financial debacle that has trickled-down from the federal government to the states. A significant bulk of public funds, both nationally and locally, is spent on wasteful welfare programs like Medicaid that continue to expand their ranks, year after year, with no end in sight. And yet, with these programs on the verge of collapse, the federal government is in the midst of trying to implement Obamacare, which will make Medicaid expenditures look like mere pocket change.

Sources for this article include:

http://www.reuters.com

http://www.huffingtonpost.com

http://articles.cnn.com

Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support NaturalNews.com by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite NaturalNews.com with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

GET SHOW DETAILS
+ a FREE GIFT

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.