Cost of Romney's Mass. Health-care Plan Skyrocketing
According to recent reports, the cost of Massachusetts' health
insurance mandate will rise 85 percent, or $400 million, in 2009.
Former Massachusetts Gov. Mitt Romney (R), meanwhile, has been on the
presidential campaign trail praising the program he put into place.
According to The Boston Globe, the cost increase is largely due to an
increase in the number of people signing up for state-subsidized
health insurance. State and federal taxpayers are likely to shoulder
the cost increase.
"Essentially, the people who signed up under the mandate were the
people who were getting subsidies," said Michael Tanner, director of
health and welfare studies at the libertarian Cato Institute.
Carmen Balber, a consumer advocate at Foundation for Taxpayer and
Consumer Rights, added, "What we've seen happen in Massachusetts is
that lots of people are signing up for subsidized care," although
"just 7 to 8 percent of the people who have newly signed up for health
insurance have enrolled in a program they must pay full price for."
Tanner told Cybercast News Service that the state will likely need to
raise taxes to cover the additional costs.
Romney, however, has been campaigning on the health insurance plan as
a success.
"We put in place a plan that gets every citizen in our state health
insurance, and it didn't cost us new money," he said during the
Republican debate in New Hampshire on Jan. 5. "It didn't require us to
raise taxes."
Mitt Romney likes to brag that he got universal coverage in
Massachusetts without a tax increase," said Tanner. "I don't think
No comments:
Post a Comment