From THINK PROGRESS HEALTH:
Why Mitt Romney’s Medicaid Cuts Are Even More Draconian Than Paul Ryan’s
Medicaid, which is funded jointly by the states and the federal government, provides health coverage to approximately 53 million lower income Americans. The federal government matches state spending on a per-claim basis and pays a percentage of each state’s Medicaid costs (anywhere between 50 and 75 percent). Conservatives like House Budget Chairman Paul Ryan and the GOP presidential contenders have proposed reducing the federal government’s commitment to the program by block granting Medicaid and paying states pre-established grants that may not reflect actual costs. The reduction in federal spending would require states to either appropriate additional funding towards Medicaid or lower program expenditures by cutting provider payment rates, limiting eligibility, and reducing benefits, the CBO has concluded.
Former Gov. Mitt Romney (R-MA) has endorsed Ryan’s block grant proposal, and yesterday, during a radio interview with Sean Hannity, he revealed that his cuts to Medicaid could be even more draconian than Ryan’s.