Feds mulls cutting medicaid costs
At least, some 48 million United States residents do not have health insurance. This is not to include others who are insured but do not have sufficient health coverage to free them from the exorbitant medical expenses incurred when they are admitted to private hospitals for emergency purposes. The problem will get even much worse once the U.S. Congress deliberates and approves the huge budget cuts on Medicaid that the federal government had envisioned for the period covering this year until 2012, says a think-tank policy report. It is expected that it will take a serious toll on millions of patients whose only option is to avail of free medical benefits from the government.The new proposal, now being deliberated in the U.S. Congress, will allow the transfer of Medicaid funds totalling $24.7 billion over the next five years and $60.9 billion in the next ten years from the federal budget to the state coffers, says the Center on Policy and Budget Priorities. The Center is one of the nat