Thursday, February 02, 2006

Fiscal House in Order

This Article talks about the culmination of Operation offset which was the deficit reduction Act.This is the first step unto a long road to getting our fiscal house in order.We are luck to have true reformers like GOV Mark Sanford,Senators JIm Demint and Lindsey Graham as ell as my hero Gresham Barrett.







Sanford announced Thursday that health savings accounts for Medicaid patients should be in place by next January.
Sanford told a news conference in Charleston that the budget reconciliation bill passed Wednesday by Congress will allow South Carolina to implement his Medicaid reform proposal, South Carolina Healthy Connections. Gov. Sanford has asked that the S.C. Department of Health and Human Services move forward with implementing the majority of the plan, which could be in place as early as January, 2007.

The budget reconciliation bill also contained a provision to allow 10 states to implement South Carolina's proposal to start a health savings account pilot program for Medicaid recipients. Gov. Sanford said South Carolina will seek approval to become one of those states.

Because Congress has approved the language, no waiver from the federal government is needed.

Sanford said the idea is to give patients more of a stake in maintaining good health. The proposal is expected to save the state about $300 million a year by slowing growth in costs.

US Senators Jim DeMint and Lindsey Graham and US Rep. Gresham Barrett applauded the passage of the reconciliation bill and its implications for improving healthcare outcomes in South Carolina.

The proposal has been criticized by advocates for the poor and disabled.