Medicaid is on an unsustainable path towards fiscal disaster, putting Kentucky’s most vulnerable citizens at risk.
Today, 2 out of 3 children on Medicaid are denied appointments with specialists, compared to only 1 in 10 privately-insured children. Without essential, sweeping reform, Medicaid will continue wasting Kentucky’s resources on a grossly overexpanded enrollee base while failing in its fundamental mission of providing access to health care for the truly impoverished.
These findings are highlighted in a new report by the Bluegrass Institute, entitled “An Unsustainable Path: The Past and Future of Kentucky Medicaid Spending.” The report will be released at a policy briefing this Wednesday, June 29, at 12:30 p.m. in Room 248 of the University of Kentucky’s Carol Gatton Business and Economics Building.
“I think the evidence suggests it’s time to turn to more fundamental reforms instead of piecemeal fixes,” said the report’s author, John Garen, Ph.D., Gatton Endowed Professor of Economics at the University of Kentucky and a Bluegrass Institute adjunct scholar.
Co-sponsored by the Bluegrass Institute and the BB&T; Learning Laboratory on Capitalism, the policy briefing is free and open to the public.
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