Obamacare on Track to Bankrupt Government?

Indeed Obamacare could bankrupt federal and state governments. So far only 1.6 million Americans have signed up for O’Care. How many have paid is quite another matter. Of the 1.6 million signups, an unimaginable 1.46 million have signed up for Medicaid. I don’t know about where you live, but where I live doctors will not take Medicaid patients. The doctors are not being unfair. Rather, the federal government simply does not compensate Medicaid doctors adequately to allow the registering of Medicaid patients. It’s because of this roadblock that Medicaid patients end up in hospital emergency rooms.

A number of years ago I had to wait many hours in an emergency room before I could get a doctor to look at my then two-year-old grandson who could not see and was in pain. I learned my lesson and today would call a private ambulance for the trip to the hospital. Ambulance patients, I have learned, go to the head of the line. And yes, an ambulance is one expensive ride, which has to be paid out of pocket. Debbie and I, for an annual upfront fee, have joined an excellent concierge medical group. Concierge medicine is the new wave. No way we would be without our fine coverage.

Here Cato Institute scholar Michael Tanner brings you all the details on the Obamacare Medicaid debacle. Next fall, the O’Care voting politicians up for re-election will be called on the carpet for what must be their government service execution.