RestoringLiberty: My home state of Alaska is the latest state to discover the painful side effects of expanding Medicaid under ObamaCare. It’s been roughly a year since Gov. Bill Walker unilaterally made this move via executive order, but the program already costs tens of millions of dollars more than projected for 2016. With the state beginning to shoulder part of the bill for the expansion next year, the program’s higher-than-expected costs now threaten to destabilize a state budget that’s already in disarray.
This is a typical result of Medicaid expansion, and one Gov. Walker should have expected. Although the federal government promises “free money” to cover the cost of the program, there’s no such thing.
Medicaid expansion enables thousands of able-bodied, childless, working-age adults to receive taxpayer-funded health insurance. MORE