WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Daniels: 'No Way Around $300 Million Budget Hit'

Last updated on Monday, May 24, 2010

(INDIANA STATEHOUSE, IN) - Governor Daniels contends there’s no way around an average $300 million a year hit to Indiana’s budget from the federal health care law.

Democratic Congressmen Baron Hill and Andre Carson challenged what they call a "doomsday scenario" laid out in an assessment by the state's actuarial firm.

In a letter sent to hill and Carson, Daniels says he asked actuaries to redo the forecast using the lowest reasonable enrollment numbers, with half as many medicaid patients.

The result: a cost to the state of $2.9 billion dollars over 10 years.

Daniels argues the health care law has expanded the most expensive elements of the system, including reimbursements to providers and the use of insurers as intermediaries between providers and patients.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page