One year ago this month, Scott Walker rejected the federal Medicaid funds from the Affordable Care Act to fill in the holes in BadgerCare and offer it to individuals who've struggled with insurance. It's commonly understood by now.
But did you know that there is actually a 2nd source of federal funding that could improve BadgerCare if we chose to accept it? Turns out there is, and that our neighbor Minnesota is taking advantage of it (Minnesota residents, in turn, are spending far less for health coverage than Wisconsinites)
This 2nd source of funding, known as "Basic Health Plan" funding, would ensure that everyone under 200% of the federal poverty line ($22,980 for individuals, $47,100 for a family of four for example) would have access to BadgerCare! Right now, in Walker's Wisconsin, it you make over the federal poverty line ($11,490 for an individual) you are left to purchase private health insurance. In many cases this will be too expensive for certain income groups, as it was never expected in the Affordable Care Act that those just over the poverty line would have to buy private coverage.
What would it mean for Wisconsin? Data from a few years ago shows that it would have a tremendous impact for Wisconsin
- 283,092 Wisconsinites could join BadgerCare (113,092 from Basic Health Plan, 170,000 from full Medicaid funding)
- Yearly premium for someone making 200% of the federal poverty line or less: $100 a year or less, and substantially reduced out-of-pocket costs
- Wisconsin could save millions of dollars it already spends by allowing these federal funds to take up much of the cost
- We could even further reduce the number of uninsured Wisconsinites, ensuring more citizens have access to quality affordable care!
- Wisconsin could bring in between $7.1 billions and $8.6 billion in additional federal funds for BadgerCare, depending on enrollment by accessing all available federal funds for BadgerCare between now and 2021*
* - estimate based on $4.4 billion in available Medicaid funding 2014-2021, and averaging $6,251 per person in Basic Health Plan funding with enrollment estimates between 74,252 - 113,092, 2015-2021
So what does this all mean? That there are far more federal funds for BadgerCare than is commonly understood. That Wisconsin could cover more citizens at better cost and the state could save even more.
Join Our Fight: Tell Wisconsin to Accept The Federal Funds for BadgerCare!