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States Get Creative in Reducing Costs of Health-Care Law

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    Arkansas House Speaker Davy Carter on the state’s Medicaid proposal.

  • Duration 3:19
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Game changer for obamacare and the state of Arkansas democratic governor Mike Beebe is proposing to -- new Medicaid funding from Obama care.

To buy health insurance for the -- -- From the private market little complicated but interest -- The state has received the go ahead from the Department of Health and Human Services to pursue the plan.

Lower income Americans -- receive higher quality care from private insurers at a higher cost -- -- of the Republican speaker of the Arkansas state house.

Joins me now with details -- to show great to have you here.

What's crazy is that this is we've got a democratic governor Republican and state legislature.

And you guys are coming together on this you've described the plan is moving the ball down the field tell me about this plan why is it's so good in your view.

Where a jury we have.

A lot of when my colleagues who worked very hard on this issue over the last several weeks and we feel like we've.

Heading towards.

A framework of flexibility this -- allow or consult.

To put more of our constituents and probably pay.

Market based plans.

We think this is a good thing and we think over the long run that you will be able to do that and pushed the cost curve down.

Will that entire RA -- at some point the CBO I came out recently saying they don't agree with that last thing you said.

They say private insurance could cost as much as 9000.

Medicaid costs 6000.

Health insurance price tags how do you think you're gonna get that number lower.

Our surgeon general has come out with some numbers that are denied fifty -- 5700.

Dollar range you know frankly were still working through that and that say.

That something very important to.

-- lawmakers include including myself you know a lot of that's -- depend on you what these policies cover.

We weren't included in -- We have -- -- more expensive it's going to be.

But what's interesting here is your idea sort of catching fire particularly in states with Republican governors.

John Kasich an Ohio I was thinking about doing this could go to Virginia.

-- the federal government though afford to back this plan because it's actually federal dollars that'll be spent.

If this were to catch on if the CBO is right about the spending.

Right Jerry when we look at this in context of our existing population on and on gonna Medicaid program in Arkansas it's.

Between 750.

And 800000.

Citizens today.

What what we're really talking about from 30000 feet is you how how do we you can we.

We can we find.

800000.

On the current system or or if we go to.

This model takes it to about a 1000001.

-- on going on profit.

Product pay options and over the long term.

We think that we can do that.

Andy and pushed the overall cost cost -- down over the long run so that's very important it's.

I think unless we can save the state money and then -- for the federal government running in the long run that that we probably well yeah.

Certainly got the advantage of that bring in the private sector -- did to get some cost savings.

That'll be interesting to see if you -- thanks for coming on the show tonight's bigger Carter appreciate your time.

You good thanks limitation.

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