Medicaid is a social welfare program sponsored by the United States government that grants low-income citizens access to medical care. Medicaid was relatively small when it was enacted, but today it is the largest health insurance program in America and provides coverage for more then seventy-one million people living in poverty. Medicaid is part of the social safety net in America and is funded jointly by both the federal and state governments. Medicaid is managed by each state under the loose guidelines set forth by the Centers for Medicare and Medicaid Services. The CMS commands that states provide a list of mandatory Medicaid benefits, and states are allowed to offer other benefits. The range of benefits v...
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...ndously grown since their creation is that political forces blocked the government from establishing effective cost controls. The lack of cost controls will create a great deal of financial problems in the long-term (“Uncapped”). The structure of Medicare and Medicare establishes clashing incentives involving beneficiaries who are eligible for both programs which creates an even greater budget problem. This problem will continue to grow with the aging baby boom generation (Grabowski 583). Obama stated that, U.S. citizens are "going to be able to... sign up for affordable, quality health insurance at a significantly cheaper rate than what they can get right now on the individual market." This claim is factually untrue, and seventy-five percent of likely voters agreed that the healthcare system is too costly and Obamacare makes health insurance even more costly (Roy).
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