Obama Care Makes
Economic Sense in Florida
The federal
government will pay the full cost of Medicaid expansion to Florida for the years 2014, 2015 and 2016.
The portion paid by the federal government will eventually decrease to 90
percent by 2020 and stay there, under the law. But it is my understanding
that Florida , still chooses to opt out of the
federal Medicaid expansion program, to save money and this does not make
economic sense or show any compassion for the citizens of Florida who cannot afford healthcare and are
uninsured.
If the state of
Florida opts
out of the Medicaid expansion program, we will lose out on about $12 billion in
new federal funding over the next 10 years, for an estimated savings according
to Gov. Scott of $1.9 billion. This law
would allow for the state to enroll 1.6 million more on people into Medicaid
rolls. 1.6 million who have no health
insurance today in the state of Florida
would have health insurance in October 2013.
This would
create jobs in the medical field and Florida
has a shortage of doctors already and many of our physicians are aging
out. By adopting Medicaid expansion,
instead of doctors that we are already experiencing a shortages in leaving to
states that will have the money for their services the opposite effect will
happen , more doctors especially young ones and young hospital professionals
would gravitate towards Florida, from states that is opting out like Texas and
other republican states in the nation.
Because what Florida
fails to recognize in their opting out of Medicaid expansion, is that people go
to college all those years for a financial payoff in the form of jobs and
careers. And they have student loans to
payoff. Obama Care is a $14 billion
stimulus package to the Florida 's
economy. And young doctors have to start
somewhere to gain experience and Medicaid expansion offers them an opportunity
to get started in their medical careers and gives 1.6 million more people
medical assistance in the process. A win-win plan for Florida .
It would be an
attraction to major big corporate employers to the state of Florida . One of our major pitfalls, is the
lack of insured Floridians who are unemployed. If you was a car company,
computer manufacturer, retail store or any factory or plant or business in
general, would you prefer to hire someone who has health insurance already or
someone off of the streets uninsured for many years. Do the math? It will cost more to insure the
uninsured than the person who is insured prior to employment. Just like it cost more to insure a person
over 45 years old than it cost to insure someone in their 20's. For this reason is so hard for middle age America to gain
employment. But the Medicaid expansion program will attract potential employers
to Florida ,
because it would reduce the risks associated with company benefits such as
health insurance and life insurance. It
will create a healthier potential workforce in the state of Florida and would see immediate results.
More jobs means
more tax revenue, more healthcare professional in Florida means a better real estate market.
While Florida
claims a savings of $1.9 billion, how much of the $12 billion gained will
become tax revenues? Not to mention
again a stronger and healthier workforce that might be able to better compete
for big corporate employers. The bottom
line and common sense tells us that more healthcare means a healthier economy
in the state of Florida .
The only
solution is a voters registrations drive to get these oppressive legislators
out of office. We need to renew our
voting block and if the black community can join alliance, with the gay and
lesbian community for marriage equity, if we can join alliance with Mexicans
for immigration reform we can join alliance, to strengthen our voting block, we
can forge an alliance with our own pot smoking youth to strengthen our voting
blocks, hanging pants and all. This is
about life or death and to judge them is to condemn ourselves.
Frank Paul
Jones
President and
Chairman of the NCNCHINC