Thursday, March 18, 2010

Just Say No (to Medicaid)

If Ali Obaba and the 535 thieves get their way, roughly 16 million folks will get their health care through Medicaid. The welfare health care program for the poor will see their rolls swell with new applicants. But what if these people have trouble finding medical providers willing to serve them?

Consider Walgreen's for example.

Effective April 16, Walgreens drugstores across the state (WA)won't take any new Medicaid patients, saying that filling their prescriptions is a money-losing proposition

Money losing proposition.

The company, which operates 121 stores in the state, will continue filling Medicaid prescriptions for current patients.

In a news release, Walgreens said its decision to not take new Medicaid patients stemmed from a "continued reduction in reimbursement" under the state's Medicaid program, which reimburses it at less than the break-even point for 95 percent of brand-name medications dispensed to Medicaid patents.

The government's idea of cutting the cost of health care is simply to pay less for services rendered. Doesn't seem like this is going to fly in Washington state.

Sounds like a problem to me.

Change you better believe in.
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