Morning Bell: Obamacare Puts You on Welfare

Conn Carroll / October 16, 2009

This Morning Bell is the final installment of a five-part week-long series on how Obamacare will affect you.

Lost in all of last weeks headlines on how the Senate Finance Committee (SFC) finally delivered a health care product that the Congressional Budget Office (CBO) was willing to say would reduce the deficit, was how exactly they achieved it. At a price tag of $829 billion, the SFC ‘framework’ will reduce the number of uninsured Americans by 29 million, moving the overall percentage of nonelderly Americans with health insurance from 83% in 2010 to 94% in 2019. But of those 29 million with new insurance coverage, almost half (14 million), will get their coverage through the welfare programs Medicaid and the State Children’s Health Insurance Program (SCHIP).  That is equivalent to adding every resident of Ohio and Nevada to the welfare rolls.

In other words, for half of those Americans who are being promised health reform, they are going to be stunned to find themselves in a welfare office applying for Medicaid. Under the current baselines for Medicaid and the State Children’s Health Insurance Program (SCHIP), there will be 76 million individuals served by these programs for at least some part of the year in 2019. If the SFC proposal becomes law, the number on Medicaid/SCHIP will top 90 million. So why do Obamacare supporters want to put 90 million Americans on the welfare rolls? It is cheaper than providing them with real quality health care. (more…)