The Future of Medicaid
The Trump administration recently unveiled its Medicaid block grant program. Seema Verma, the administrator of CMS said the following in an editorial about the program:
Medicaid is the largest or second-largest budget item for states, crowding out other priorities such as public safety, workforce development, infrastructure and education. It’s already the largest payer of long-term care, and as the baby boomer generation ages, costs for long-term care is projected to rise by 500 percent by 2050 — a looming crisis that threatens the viability of the program.
Most people critical of the proposal talk about its effects on health care. We certainly don't know if block grants are the answer. But statements like the one above certainly give one pause as to what the future of Medicaid will look like. And we have posted before, the tax revenue to Medicaid relationship is troubling at best: