The state's new subsidized health insurance program will cost "significantly" more than the $869 million Governor Deval Patrick proposed in his 2009 budget just two months ago, the state's top financial official said yesterday, after insurers were granted an increase of about 10 percent.
To close the gap, the Patrick administration has asked insurers, hospitals, healthcare advocates, and business leaders to propose ways to cut costs and raise revenue...
Leslie Kirwan, secretary of administration and finance, declined yesterday to discuss specifics of the proposals or the size of the budget gap, but said that without changes, the state doesn't expect "to be able to live within" the proposed budget. (all boldface mine--Darren)
Raise revenue. That's fancy talk for raising taxes.
TANSTAAFL. There ain't no such thing as a free lunch. You're not getting free health care, as you will pay for it. And you'll wait in longer and longer lines while the quality of care decreases, too--the Canadian system shows us that.
Extra Credit Assignment: How is Tennessee's state-run plan, TennCare, doing?