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March 17, 2014

Unexpectedly, Vermont's Plan for a State Single-Payer System Is Also Circling the Drain

Vermont didn't embrace Obamacare. You see, Obamacare didn't go far enough. Vermont instead choose to meet Obamacare's legal mandates on the states by implementing a single-payer system, planned for a 2017 start-up. The law -- is it even a law anymore? -- permits states to seek a waiver from Obamacare's other strictures if they propose their own plan which is at least as generous (that is, socialized) as Obamacare itslef.

It's gone about as well as you might expect.

Rep. Jim Condon [a "Blue Dog Democrat" who voted against the plan when it was proposed in 2011] told Vermont Watchdog it's time for Gov. Peter Shumlin to shelve the ambitious plan immediately.

"The deadlines for proposing financing have been missed two years in a row now, so to me that's very disappointing. It's becoming clearer and clearer that there is no financing plan," Condon told Vermont Watchdog.

As Vermont Watchdog reported, an independent report by the Washington, D.C.-based consulting firm Avalere Health concluded that the costs of Green Mountain Care would require Vermont to raise tax revenue roughly equal to the state's tax collections from all sources today.

And, um, it's costing a lot more money than originally claimed. Who knew?

Thanks to @johnekdahl.


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posted by Ace at 02:04 PM

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