Legislation Will Cost Michiganders $1.2 Billion In Additional Medicaid Expenses   

Two years ago, liberal United States Senator Debbie Stabenow provided President Barack Obama with the 60th and final vote for his job-killing healthcare bill, which saddled the Wolverine State with $1.2 billion in additional Medicaid expenses.

Faced with the possibility of insurers leaving the state, the Wolverine State applied for a waiver from fully implementing the ominous $2.5 trillion law.  Unfortunately, the un-elected bureaucrats at Health and Human Services (HHS) rejected their request.

As The Hill reports: 

“The Health and Human Services Department on Monday denied a sixth state’s request for an adjustment to certain rules under the new healthcare law.  HHS rejected Michigan’s request for an adjustment to the law’s medical loss ratio (MLR) requirements. The law requires insurance plans for individuals to meet an 80 percent MLR, meaning they must spend 80 percent of their premiums on medical costs. Only the remaining 20 percent can go toward profits and administrative costs.” (Sam Baker, HHS rejects Michigan’s request for MLR adjustment, The Hill, 12/19/11)

“This waiver wouldn’t have even been necessary had Debbie Stabenow voted no on President Obama’s $2.5 trillion healthcare bill,” said National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox.  “Due to Stabenow’s loyal allegiance to Barack Obama, taxpayers in Michigan could now risk losing their insurance provider and the Wolverine State continues to face the need to raise $1.2 billion in additional revenue to pay for this massive expansion of government-run healthcare.”

BACKGROUND …

OBAMACARE FORCED MICHIGAN TO EXPAND MEDICAID WHICH WILL COST NEARLY $1.2 BILLON

A Joint Congressional Report Determined Medicaid Expansion In The Health Care Law Would Cost Michigan $1.2 Billion Between 2014 And 2019. (“Medicaid Expansion In The New Health Law: Costs To The States,” Joint Congressional Report By Senate Finance Committee, House Energy & Commerce Committee, www.energycommerce.house.gov, Accessed 12/19/11)