WillowTree
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- Sep 15, 2008
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is Massachusetts beggin the US of KKKA for a bailout?
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is Massachusetts beggin the US of KKKA for a bailout?
why to point out that the lunatic left is going to visit the abject failure of socialized medicine and bankruptcy as experienced by Massachussets on the rest of us.. Case closed..
One problem the state has faced is that it failed to accurately anticipate the true cost of the program. At the time the program was signed into law, estimates indicated that the cost of Commonwealth Care, which is responsible for the programs biggest single cost, its health insurance subsidies, would be about $725 million per year. But by 2008, those projections had been revised. New estimates indicated that the plan was to cost $869 million in 2009 and $880 million 2010, an upwards increase of nearly 20 percent.
One problem the state has faced is that it failed to accurately anticipate the true cost of the program. At the time the program was signed into law, estimates indicated that the cost of Commonwealth Care, which is responsible for the programs biggest single cost, its health insurance subsidies, would be about $725 million per year. But by 2008, those projections had been revised. New estimates indicated that the plan was to cost $869 million in 2009 and $880 million 2010, an upwards increase of nearly 20 percent.
Read more: Massachusetts health program, model for Obamas reform, strains state budget | The Daily Caller - Breaking News, Opinion, Research, and Entertainment