Offline
It turns out many Americans are big fans of Obamacare when they get a chance to vote on it. Voters in Oregon like Obamacare so much that they are willing to raise taxes to help pay for it.
On Tuesday, Oregonians overwhelmingly approved new taxes on hospitals and insurance companies, totaling $320 million, in order to fund Obamacare’s Medicaid expansion, which offers government-provided insurance to anyone making up to 138 percent of the federal poverty line. The measure passed with more than 60 percent of the vote. (The state legislature had already approved the new taxes, but Republican politicians forced the measure onto the ballot before it could be finalized.)
While much of the Obamacare debate has focused on the individual marketplaces set up by the law, the expansion of Medicaid has actually done more to increase access to insurance. More than 11 million people have signed up for Medicaid under the expansion. And that’s despite the fact that in 18 states, Republican governors and legislatures have blocked expansion. If the new Medicaid eligibility standards were applied across all 50 states, another 4.5 million people would be covered, according to the Kaiser Family Foundation.
The federal government is responsible for most of the costs of Medicaid expansion. For the initial years, the feds paid 100 percent of the costs for those newly enrolled in Medicaid. That will eventually fall to 90 percent after 2020, with states responsible for the other 10 percent of funding. The new taxes approved in Oregon this week are intended to pay for the state’s share of the costs.
Last edited by DollyLongstaff (1/26/2018 7:03 am)