Health care reform did not come cheap. States already struggling to find the funds to cover the cost of Medicaid expansion, haven’t even scratched the surface of the unfunded mandates and liabilities that lie ahead. On Friday states must decide whether to aid the Department of Health and Human Services in the set up of [...]
Marianne Suarez's Archives
State Health Care Funds Drained by New Federal Health Care Law
According to a Kaiser Health News report: “The new health care law could shift billions of dollars from cash-strapped states to the federal government by changing the way Medicaid prescription drug rebates are treated, according to state and industry officials and an examination of Medicaid spending data.” Democrats included a provision in the health care [...]
The Unfortunate Reality of Government to the Rescue
Most of us are still struggling to figure out when exactly we are going to see the benefits of the 2009 government Stimulus package. Economic recovery and job creation are starting to sound like broken promises to a state like North Carolina which has had one of the most consistently high unemployment rates in the [...]
Forcing Consumers to Buy and Producers to Sell
A major source of objection to a free economy is precisely that it … gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman. Capitalism and Freedom (1962). Most Americans are [...]
Unabated Unemployment
The national unemployment rate is hovering at 10 percent, while in North Carolina, according to the latest report by the state’s Employment Security Commission (NCESC), statewide unemployment reached 11.8 percent in February. These numbers highlight a troubling trend – a consistently high and increasing rate of unemployment. Since the economic downturn, North Carolina has experienced [...]
