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Monday, October 5, 2009
Boomer with Attitude / News Health reform failure would cost N.C.
Posted By John Grooms on Mon, Oct 5, 2009 at 2:26 PM
There’s a new report from the Urban Institute and the Robert Wood Johnson Foundation that looks into what the costs to each state would be in case Congress fails to enact health care reform. The results for North Carolina are sobering, and highlight more than ever the financial necessity of quick reform (never mind the moral issue of being the only advanced country to not offer its citizens universal health care). The study uses projections for three scenarios: worst case, intermediate, and best case. The bad news is that every scenario is a calamity.
In the best case scenario, Medicaid and children’s health insurance spending will rise from $8.6 billion to $14.6 billion in 2019. In the worst case, spending will hit $18.5 billion in 2019. The number of uninsured will increase from 1.7 million in 2009 to 2.4 million in 2019 in the worst case, and 2 million in the best case. You can access the Urban Institute study here, which offers a link to a PDF of the full report.
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