John Hood: Medicaid costs are exploding

In his Daily Journal column from Monday, John Locke Foundation President John Hood discusses the rising costs of Medicaid in North Carolina:

During the past year, North Carolinians have heard many things about Obamacare, Medicaid, and health care reform that turned out to be untrue. For example:

• North Carolinians were told that regardless of whether the state set up its own Obamacare exchange or allowed the federal government to do so, state government would have to fund the exchange’s operating costs. This claim was false.

• They were told that unless North Carolina accepted the Medicaid expansion authorized by Obamacare, some 500,000 North Carolinians would be shut out of subsidized health coverage and remain uninsured. This claim was false.

• They were told that if North Carolina took a pass on Medicaid expansion, our tax dollars would just go to subsidize more health care spending in other states. This claim was false.

• They were told that North Carolina’s current contractor, Community Care of North Carolina, is keeping the state’s Medicaid costs low. This claim was false. In reality, North Carolina’s Medicaid costs are the highest in the South and among the highest in the United States.