video: the case for federal Medicaid block grants
The Medicaid program imposes high costs while generating poor results. This Center for Freedom and Prosperity Foundation video explains how block grants, such as the one proposed by Congressman Paul Ryan, will save money and improve healthcare by giving states the freedom to innovate and compete.
Paul Ryan’s Budget: A Huge Opportunity to Improve Health Care
Rep. Paul Ryan’s “budget blueprint that tackles the three big health care challenges facing the federal budget — ObamaCare, Medicare and Medicaid – with a strategy of repeal, vouchers and block grants. Done properly, those steps would simultaneously improve health care and help balance the budget within a decade.”
Medicaid block grant saves Rhode Island $100 million
Instead of receiving open-ended Federal matching funds for spending its taxpayers’ money Rhode Island received a block grant. The state’s Rhode Island’s Secretary of Health & Human Services explains the benefits.
Colorado Medicaid: replace matching funds with block grants
Replacing open-ended federal matching funds for state Medicaid spending would encourage fiscal restraint & reduce waste. Federal funding should be phased out, as money comes from states anyway. Keep the money in state.
Colorado Medicaid reform: federal matching funds promote waste
When Medicaid & the Child’s Health Plan spend $1 from a Colorado taxpayer, the federal government gives them $1 taken from a taxpayer in another state. Program administrators are rewarded for spending more and punished for spending less. Replacing matching funds with block grants would remedy this.
Should Colorado ask for a Medicaid block grant?
Rhode Island was granted a waiver to receive its Medicaid funding as a block grant rather than a federal match for Medicaid spending. The result: The state saved $150 million in the first 18 months. Should Colorado do the same?
