Analyses Find Medicaid Cuts Will Reduce Care, Reimbursement Rates.

Reuters (8/12, Morgan) reports that a number
of states, dealing with serious budget issues, have collectively been cutting
billions from their Medicaid funding for the past several years. Funding cuts
are also widely expected at the federal level of government. According to
analyses from several research groups, the cuts will lead to reduced care,
higher co-pays and lower reimbursement rates for the medical industry. The
latter could, in turn, drive insurers out of some states as the situation
becomes unprofitable, experts add.

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