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C12(August 2005)

Medicaid's Unseen Costs
Cannon, Michael F.
Cato Institute, August 18, 2005, Policy Analysis # 548
"Congress and many states are ignoring the most important costs imposed by Medicaid a new study by the Cato Institute finds... Reforms such as health savings accounts, vouchers, and small reductions in outlays are unlikely to reduce the overall cost of the program. Instead, Cannon argues that Congress should reform Medicaid, the federal program subsidizing health care for low-income Americans, the same way it reformed Aid to Families with Dependent Children in 1996." Michael F. Cannon is director of health policy studies at the Cato Institute.
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