Though the debate over accessible and affordable health care may appear to be a debate over health care, it is really a debate over what type of economic system delivers the care patients need at the best price. What our country has now is a system of government mandates and price controls, which looks nothing like a real market. What we need is a true marketplace, where families can choose the coverage they need, not the coverage a bureaucrat in Washington thinks they need, and shop and negotiate for the best price. Unfortunately, Obamacare has done the opposite.
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The state’s Kynect health insurance exchange is a financially unsustainable boondoggle that has cost $330 million, Gov. Matt Bevin’s top health officials told lawmakers at the Capitol Tuesday. Additionally, state spending on Medicaid will jump by 20 percent in the next two-year budget, to $3.7 billion, as federal support declines, they said.
“The day of reckoning has come, and we’re going to have to pay the bills,” Health and Family Services Secretary Vickie Yates Brown Glisson told the House budget subcommittee for human services.