Rea S. Hederman Jr.
In March, the Trump administration announced new plans for state flexibility on health care waivers for both Medicaid and state innovation 1332 waivers found in the Affordable Care Act. Recently, states have found this promised flexibility is not becoming a reality for either innovation or Medicaid waivers. If the Trump administration wants to fulfill the promise made earlier this year, then they need to send a strong signal to states that they indeed have a willing partner in Washington.
Next Tuesday, Ohioans will decide whether to enact a policy that would create price controls for pharmaceuticals that are paid for by the state of Ohio. Advocates claim that these price controls can save the state of Ohio money. Opponents argue that these savings are dubious and price controls will create a host of other problems.
Ohio Governor John Kasich and Colorado Governor John Hickenlooper issued a letter that laid out their ideas for fixing the Affordable Care Act. In a nutshell, the plan’s goal is to increase government spending and enforce the individual mandate in an effort to prop up the ACA insurance markets. Unfortunately, simply spending more taxpayer money does little to fix a core flaw of the ACA – heavily regulating insurance companies – which has driven up premiums and caused insurers to leave markets and leave Ohioans with few or no insurance options.
In an opinion piece in The Hill, Rea S. Hederman Jr. looks at bold health care initiatives that Ohio’s General Assembly just passed. “The state’s General Assembly has just insisted that Governor Kasich submit two significant waiver requests to Trump’s Administration by early next year. The waivers will reduce Ohio’s Medicaid costs and create a more-seamless transition for people moving from Medicaid into affordable private coverage — something vitally important given the current death spiral of Obamacare exchanges.”
In an opinion piece in The Hill, Buckeye’s Rea S. Hederman Jr. looks at the need to give states more flexibility to, “change Medicaid overall and think of how to deliver the best care, to the most patients for the best price.”
Columbus, OH – A new report, Addressing Louisiana’s Budget Shortfall: Strategies for Growth, released today by The Buckeye Institute’s Economic Research Center, found that Louisiana’s proposal to raise taxes to finance more government spending will hinder economic activity and growth.
Now that the Ohio House of Representatives has approved its version of the state’s biennial budget, it falls to the Senate to improve House Bill 49 and address the missed opportunities for significant reform. To help the Senate improve the budget and keep Ohio on the road to success, The Buckeye Institute offers the following suggestions.
Wyoming policymakers face many different decisions on how to change fiscal policy to improve growth or fund the government. Using a dynamic macroeconomic model to simulate the Wyoming economy, this paper examines several different policy scenarios where taxes can be raised or lowered to pay for more or less government spending.