Uncompensated debt has to be paid, but because Texas has refused Medicaid funds beyond the 15-month extension period, the state’s businesses and its residents absorb these costs in the form of property taxes and higher insurance premiums.
The reality is the money from the 15-month Medicaid waiver is the taxes the corporate sector and Texans have paid to the federal government in the form of federal taxes. Texas residents will not benefit from the payment of federal taxes, coupled with payment toward unrecoverable debt.
The financial strain of health care costs will only worsen if Texas refuses to participate.
Read more here: http://www.star-telegram.com/opinion/opn-columns-blogs/other-voices/article82342507.html#storylink=cpy
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