Tag Archives: health insurance

Soak the Poor, Feed the Rich

By James Kwak

After the dangerous clown show that has been the Trump White House, it’s comforting to return to some good, old-fashioned conservative policymaking: bashing the poor to cut taxes on the rich. I’m talking, of course, about the Republican plan to repeal and replace Obamacare.

Health care financing can sometimes seem like a complicated topic. Adverse selection, risk adjustment, blah blah blah. But it’s easy to understand the American Health Care Act or, as it is sure to be known, Trumpcare.┬áIn the medium term, financing policies have little effect on the price of health care. At most we can hope to “bend the [long-term] cost curve.” So health care policy essentially comes down to a single question: Who pays?

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If the Alabama Medicaid Eligibility Ceiling is $2,832 for a Family of Two . . .

By James Kwak

. . . (source), and Medicaid is more than one-third of Alabama’s budget (same source), what is Alabama doing with all the Medicaid money it gets from the federal government?