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4-year savings put at $66M if state cuts Medicaid rolls

By Andy Davis

This article was published April 27, 2017 at 4:30 a.m.


A plan to move about 60,000 Arkansans off the state's expanded Medicaid program will save the state at least $66 million over the next four years while increasing premiums in the state's market for individual insurance plans by as much as 1.7 percent, state Department of Human Services officials said Wednesday.


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Print Headline: 4-year savings put at $66M if state cuts Medicaid rolls

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Queen1976 says... April 27, 2017 at 10:05 a.m.

Let's get people working again! This $66M is needed for baby boomers that are retiring & our government has blown the money that we've paid in - to fund other programs. Earnings that we pay in for Social Security & Medicare should be kept in a Trust Account & used for that reason only - not to fund the politicians pet projects!

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cliffcarson says... April 27, 2017 at 11:09 a.m.

QUEEN1976

You are absolutely correct. About 5 years ago I researched Social Security and Medicare monies paid in to the SS and Medicare Programs. From the beginning of each program to that current date. I then did the same for Government disbursements over the same time span for those programs. What I found out was that monies were disbursed to finance various things that had nothing to do with SS or Medicare. Over that time span I calculated that our Government had squirreled away about 5.8 Trillion dollars that did not go for one of these two programs. The Government admitted at that time that it owed 2.7 Trillion dollars for this unbelievable misuse of funds. Two point 7 Trillion is the same as 2,700 Billion and 5.8 Trillion is 5,800 Billion. The National Debt at that time was 16 Trillion so at the admitted 2.7 Trillion figure by the Government amounted to almost 17% of the National Debt and at my calculation 5.8 Trillion was more than 36% of the National Debt. Keep in mind these monies spent for things other than SS and Medicare were not budgeted. And have not been paid back to the Programs.
Instead the Government is claiming that the programs are going broke and that they need to make cuts to keep the programs alive.
If you pulled off such a fund drain for your own benefit you would likely wind up in Prison.
If those funds were paid back I calculated that Social Security and Medicare would be viable to around the year 2100 assuming the Government quits taking funds from the Programs.

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