Showing posts with label sickcare. Show all posts
Showing posts with label sickcare. Show all posts

Saturday, December 22, 2012

Medicaid is a Subsidy for the Healthcare Industry


The Weekly Standard published a report from the U.S. Senate Budget Committee about "welfare" recipients.  They wrote:

Food stamps and Medicaid make up a large--and growing--chunk of the more than 100 million recipients. "Among the major means tested welfare programs, since 2000 Medicaid has increased from 34 million people to 54 million in 2011...

But 54 million is a highly misleading figure.  It should be clear that sick people are not the primary benefactors of medicaid.