More evidence that the privatization of Medicaid (and
Medicare) never saves the money politicians say it will. In this case, they
tried to hide the money they pulled from the Feds to pay the Medicaid Managed
Care firms. God forbid if the insurance companies lose money. That $225M was
the "add on" or additional cost over the cost of traditional
Medicaid. It is enough to make a sane person storm the castle. Someone has to
stop this bullshit. Our nation has been completely coopted by greedy, corrupt
politicians.
U.S. tab could hit $225M for Medicaid firms’ Iowa losses
