Printer Friendly
The Free Library
14,508,224 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Medicaid debate continues.


The author of the letter, "Rethinking Annuities for Medicaid Eligibility" (JofA, Nov. 04, page 13) found the article, "Private Annuities Can Aid Medicaid Eligibility" (JofA, Jul. 04, page 88) offensive and said that "encouraging people to game the system is unethical unethical

said of conduct not conforming with professional ethics.
 and should be discouraged by your magazine, not promoted." He added, "Mississippi is struggling to fund its Medicaid program to help truly needy citizens."

Funding struggle! The Mississippi state legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system.

The following legislatures exist in the following political subdivisions:
 elected to place in a rainy day fund its substantial share of the billions of dollars in tobacco settlement monies designed to offset the medical costs of the state, opting instead to currently appropriate only the future income stream.

Game the system! Several state legislatures, including that of Mississippi, enacted a tax specifically upon health care providers designed to increase the states' share of the federal matching Medicaid reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
 dollars--annually adjusted "match" for poor states that often has exceeded 80%. Should taxpayers be offended when state legislatures "game the system" by artificially inflating reimbursed Medicaid costs with a provider tax, which does not provide any health care for needy citizens, but simply adds tax dollars to the state's revenues as well as increasing federal matching dollars without delivering a tangible health care benefit or incurring a real expenditure of funds to help truly needy citizens?

I found the original article to be an accurate portrayal of one aspect of the complicated federal Medicaid eligibility criteria, which also permits recoupment of the state expenditures from the recipient's resources without the state's necessarily returning the federal matching funds Noun 1. matching funds - funds that will be supplied in an amount matching the funds available from other sources
cash in hand, finances, funds, monetary resource, pecuniary resource - assets in the form of money
 it had previously received.

I trust the letter writer's outrage is motivated by genuine concern for the Medicaid system to help truly needy citizens, that he is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  legislator LEGISLATOR. One who makes laws.
     2. In order to make good laws, it is necessary to understand those which are in force; the legislator ought therefore, to be thoroughly imbued with a knowledge of the laws of his country, their advantages and defects; to
 in the process of learning the complicated system and not simply making a political statement.

John Suter, CPA

Jacksonville, Florida “Jacksonville” redirects here. For other uses, see Jacksonville (disambiguation).
Jacksonville is the largest city in the state of Florida and the county seat of Duval County.
 
COPYRIGHT 2005 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Letters
Author:Suter, John
Publication:Journal of Accountancy
Article Type:Letter to the Editor
Date:Mar 1, 2005
Words:307
Previous Article:Ethics education for students.(Letters)(Letter to the Editor)
Next Article:Looking back: the journal in 1930.(Centennial Countdown)



Related Articles
Closing the door on home care.(Medicaid reform)
GOVERNORS RESIST MEDICAID PLAN : BIPARTISAN GROUP FEARS CLINTON PROPOSAL WILL SHIFT COST TO STATES.(News)
Reimbursement relief pressure is on--but does Congress care? (News Notes).(Medicare/Medicaid)
Governors back Medicare plan for 'dual eligibles'.(Front Page)
A challenge to conservationists: Phase II.(FROM READERS)(Letter to the Editor)
Governors say cost shifting isn't true Medicaid reform.(news notes)(Brief Article)
LETTERS LOG.(Letters)(Letter to the editor)
LETTERS LOG.(Letters)(Letter to the editor)
LETTERS LOG.(Letters)(Letter to the editor)
LETTERS LOG.(Letters)(Letter to the editor)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles