December 27, 2014
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3:38Now Playing"When Gov. Sam Brownback announced this week a list of stopgap measures to close a $280 million budget hole, one of the biggest chunks was $55 million from a “Kansas Department of Health and Environment Fee Fund Sweep” made possible in part by a federal law the governor has strenuously opposed and criticized.
The $55 million comes from a Medicaid drug rebate program that was expanded as part of the federal Affordable Care Act.
The health reform act, commonly known as Obamacare, increased the refunds that pharmaceutical companies must pay states for prescriptions provided to Medicaid patients and allowed states to collect those rebates for Medicaid prescriptions administered by managed care organizations."* The Young Turks hosts Cenk Uygur breaks it down.
*Read more here:
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