FY13 Healthcare Spending Tips 50% of State Budget ($16.5B)

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During the formation of the FY 13 budget the Governor and his staff made a point to highlight the fact that healthcare spending now composes 41% of the spending. They warned:

Based on long term forecasts conducted by the Executive Office for Administration and Finance, were health care costs to continue to grow at these historic rates, they would consume approximately 50% of state spending by 2020. Health care spending has crowded out key public investments that, among other things, likewise significantly impact the health and welfare of the people in the Commonwealth. The historic trends are also unsustainable for local governments, businesses and families, forcing all of these groups to make difficult choices between paying for health care and other areas of potential investment. (bold added)

 

Well, it looks like 2020 has come 8 years early. A quick review of the Administration and Finance’s budget website displays this following graphic.

Do we have a repeat of the Medicaid Magic from FY12?
Find me on twitter: @josharchambault
  • http://twitter.com/medical4india medica4india

    It’s a Grateful site for capturing information…..

  • CitizenCharlesFosterKane

    It’s come early only if you’re a moron and think that every dollar of the health and human services budget goes to health care. You dolts don’t even attempt to be accurate, do you?

  • Josh Archambault

    CitizenCharlesFosterKane Thanks for reading. You are right that not all of the HHS budget is healthcare, although almost all of it is. But if you would like to object to our analysis then I guess you will object to the Governor’s as well, since we used the same method that his staff did.

  • Thomas Blumer

    I see the crickets have Citizen CFK’s tongue.