Wednesday, March 23, 2016

Frankfort Obamacrats: Medicaid expansion's best days are already behind Kentucky

Kentucky's House Democrats have now completely cast their lots with ObamaCare and the Medicaid expansion just in time for its decline as predicted by the consulting group they paid hundreds of millions of dollars to tell us how great it was going to be.

Deloitte's pre-ObamaCare study predicted an $864 million positive fiscal impact from the ObamaCare Medicaid expansion through 2020, when the impact would immediately turn negative in need of increasingly greater funds, just like Medicaid has consistently performed throughout its history. The current fiscal year was found to be the high water mark, with the fiscal impact predicted to drop $28 million in the fiscal year starting in July and dropping precipitously thereafter.

"Frankfort Democrats blew the last election lying about the impact of ObamaCare and now they have already fallen on their swords for the upcoming election just to protect the rapidly deteriorating status quo," Kentucky Progress publisher David Adams said.