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The cost of failure

imagesA new report from the Urban Institute and the Robert Wood Johnson Foundation examines the costs of failing to enact health reform for North Carolina.

The study uses projections under a worst case, intermediate case, and best case scenarios. Every scenario is disasterous.

In the best case Medicaid and children’s health insurance spending will rise from $8.6 billion to $14.6 billion in 2019. In the worst case spending will hit $18.5 billion in 2019. Total uncompensated care will rise from $2 billion in 2009 to $5 billion in 2019 in the best case projections.

The number of uninsured will increase from 1.7 million in 2009 to 2.4 million in 2019 in the worst case and 2 million in the best case.

For North Carolina health reform is more than a moral imperative, it’s a financial imperative.

One Comment

  1. IBXer

    October 5, 2009 at 10:03 am

    The cost of passage would be far worse.