Monday, February 26, 2007

I found this article to be interesting (and somewhat of a relief). Let's hope that not only the money will be there for future generations which find the need to be on Medicaid. Let's also hope that people use good judgement when exploring the possibility of seeking federal aid, as it pertains to SSDI, Medicare, & Medicaid. Save it for those in need. Here is a snipet of the article. A link to the complete article follows.

Dated Feb 23, 2007

WASHINGTON, DC – "As Congress prepares to debate the President’s budget and looks ahead to address the growing federal deficit and the future sustainability of Medicare, Medicaid, and Social Security, a new study of future funding requirements for Medicaid by the Kaiser Family Foundation’s Commission on Medicaid and the Uninsured (KCMU) projects a less dire situation than suggested by conventional wisdom. The study, authored by Richard Kronick of the University of California, San Diego and David Rousseau of KCMU and published by the journal Health Affairs today, concludes that expected growth in government revenues is likely to be large enough to sustain Medicaid spending increases over the next 40 years, while also allowing substantial real growth in spending for other public services".

http://www.kff.org/medicaid/kcmu022307nr.cfm?RenderForPrint=1


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