Rick Thornton, an Austin health insurance agent, said premium increases are because the cost of care is increasing, adding that there has been a 9.1% increase from when the ACA was first introduced in 2010.
Health insurance in Austin along with the millions of people who have enrolled in Medicaid appear to be under fire now that a recent study suggests millions of people are considered to be ineligible, leading to a staggering number of improper payments. According to data released by the watchdog group, the Foundation for Government Accountability, 91 million people have enrolled in Medicaid since December 2021. That’s a boost of 18 million people in two years, which on paper, would normally be considered good news. But according to the FGA, 17 million of those people were ineligible.
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The study, which added that Medicaid rolls have quickly become the most expensive item in most state budgets, was recently reported by foxbusiness.com. It insinuates that many of these improper payments — which include individuals and families who now have health insurance in Austin — are largely driven by “ineligible patients that states have been reluctant to remove.” Medicaid is a health insurance program for the poor and has increased almost two and a half times what it was in 2000 while accumulating $700 billion strain on state budgets, the article says. Much of these increases came after Medicaid was expanded by the Affordable Care Act. "What’s interesting is that most of the improper payment rates are pre-COVID, so sources may not know how high the number really is yet," Hayden Dublois, deputy research director for the Foundation for Government Accountability, told FOX Business. "It’s not a clear red state, blue state divide, but the two highest states for improper payments are states that expanded Medicaid under ObamaCare."
Rick Thornton, an Austin health insurance agent , says that the FGA has once again called for affected states to remove ineligible enrollees and added that doing so shouldn’t require these states to pay back money from previous cycles. Time will tell how well this plan will work, Thornton said.
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