Monday, January 11, 2016
Matt Bevin scraps Obamacare exchange, goes after Medicaid expansion
Sometimes it's nice to be wrong. Going back two years to the Kentucky GOP primary for Mitch McConnell's senate seat I've doubted Matt Bevin's authenticity. You just don't find many libertarian / Tea Party types running hedge funds. Today Kentucky Governor Matt Bevin exceeded my expectations by a power of 10 by rescinding former Governor Steve Beshear's executive order that established kynect, Kentucky's Obamacare exchange. As for the Medicaid expansion Bevin said people covered by Medicaid should expect no major changes this year while he seeks permission from federal officials to restructure the program for 2017 to include more cost-sharing by consumers, such as co-pays or premiums. Nota bene Barack Obama executive orders can be undone very quickly.