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Help Solve Budget Problems by Reforming Medicaid

Tuesday, December 2nd, 2008 By Marc Kilmer

The state is having severe budget problems. There is the potential for a $7.3 billion shortfall over the next two years. That’s a significant chunk of the state’s budget. With 27% of the state budget being devoted to Medicaid, and with that program growing rapidly, it’s time the state take a serious look at reforming the program.

The Buckeye Institute’s Mike Bond has written a fine study outlining ways to reform Medicaid to both improve outcomes and slow the growth of the program. Instead of constantly expanding eligibility, the favored method of Columbus lawmakers which only increases the cost to the taxpayers, fundamental Medicaid reform is needed. Addressing this huge budget item will go a long way towards reining in Ohio’s potential deficit.

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