Lessenberry commentary for 5/1/13
As you may know, the federal government has offered to expand Medicaid coverage to families whose incomes are less than one hundred and thirty three percent of the poverty level.
If you wonder how much money that is, I looked it up for you – slightly less than $26,000 a year for a family of three. The answer to the question: How do you support three people on that and afford health insurance? is that you don’t.
If Michigan accepts, an estimated 320,000 people who now have no health insurance would be immediately covered. That would rise to nearly half a million people within a few years. The cost to the state government would initially be zero.
After the year 2020, Michigan would have to pay 10 percent of the cost. This would still, health care experts say, be a mere fraction of what all these uninsured people currently cost the state.