#Latest news with #OregonExperimentWall Street Journal15 hours agoHealthWall Street JournalThe High Cost of Good Intentions in MedicaidJared Bernstein and Hannah Katch reply to my June 5 op-ed on Medicaid by arguing that the healthcare program's expansions have been of high value to its recipients (Letters, June 12). It's more accurate to say that Medicaid is an excellent example of the high cost of good intentions. The best research on the program's effect on health outcomes is from the Oregon experiment in which people were randomly assigned to Medicaid. Researchers found little evidence that the program improved health outcomes. They also found that recipients value Medicaid at only 20% to 50% of its cost to taxpayers. State lawmakers appear to place a similarly low value on the program. They have always had the option of expanding Medicaid to able-bodied adults at their own expense. Most chose not to do so until they were offered 100% federal subsidies.
Wall Street Journal15 hours agoHealthWall Street JournalThe High Cost of Good Intentions in MedicaidJared Bernstein and Hannah Katch reply to my June 5 op-ed on Medicaid by arguing that the healthcare program's expansions have been of high value to its recipients (Letters, June 12). It's more accurate to say that Medicaid is an excellent example of the high cost of good intentions. The best research on the program's effect on health outcomes is from the Oregon experiment in which people were randomly assigned to Medicaid. Researchers found little evidence that the program improved health outcomes. They also found that recipients value Medicaid at only 20% to 50% of its cost to taxpayers. State lawmakers appear to place a similarly low value on the program. They have always had the option of expanding Medicaid to able-bodied adults at their own expense. Most chose not to do so until they were offered 100% federal subsidies.
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