Guest guest Posted April 30, 2008 Report Share Posted April 30, 2008 He'll spend $trillions murdering innocents 6000 miles from home--- but not a hundreth that helping "trusting" Americans in need @ home Families USA Report: North Carolina Will Lose 11,700 Jobs, 1.1 Billion Dollars In Business Activity Due To Bush Administration's Medicaid Cuts http://www.medicalnewstoday.com/articles/105060.php Medicaid rule changes put in place by the Bush Administration will cost North Carolina more than $2.7 billion in federal funds over the next five years. The cut in federal funding will, in fact, act like a giant anti-stimulus package. Those lost Medicaid funds will eliminate an estimated 11,700 jobs and an accompanying $412.1 million in wages, and, even worse, cost the state an estimated $1.1 billion in lost business activity.Virtually all that economic pain comes in the first year of implementation, when North Carolina would fail to receive approximately $514.6 million in Medicaid payments, says a report released today by Families USA, the national organization for health care consumers. Titled "Bad Medicine," the report analyzed the economic impact of seven new Medicaid regulations that were issued in 2007."The devastation caused by the Administration's cuts will affect millions of people who rely on Medicaid for their health lifeline. This will be tragic for their families," Ron Pollack, Executive Director of Families USA, said today. (more@link) see also.. House Passes Medicaid Bill 349-62 http://www.medicalnewstoday.com/articles/105262.php The House on Wednesday voted 349-62 to pass a bill (HR 5613) aimed at blocking seven new Medicaid regulations, the AP/Houston Chronicle reports (Abrams, AP/Houston Chronicle, 4/23). The 349 votes for the bill, which included 221 Democrats and 128 Republicans, is 75 more votes than would be required to override a presidential veto (Lengell, Washington Times, 4/24). > > The bill seeks to delay Medicaid regulations that could reduce health care coverage for pregnant women, low-income children, nursing home residents and other groups. Be a better friend, newshound, and know-it-all with Mobile. Try it now. Quote Link to comment Share on other sites More sharing options...
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