Cost of romneycare

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by LilOlLady, May 28, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    COST OF ROMNEYCARE.

    The Massachusetts plan might not have achieved universal coverage, but it has cost taxpayers a great deal of money. Originally, the plan was projected to cost $1.8 billion this year. Now it is expected to exceed those estimates by $150 million. Over the next 10 years, projections suggest that Romney-Care will cost about $2 billion more than was budgeted. And the cost to Massachusetts taxpayers could be even higher because new federal rules could deprive the state of $100 million per year in Medicaid money that the state planned to use to help finance the program.


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