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Medicaid’s Exploding Costs Threaten Tight State Budgets

Tennessee’s Medicaid woes illustrate the intractable nature of the problem

MEDICAID FINANCING in Tennessee has reached a crisis point. But Tennessee is not alone. Soaring Medicaid costs are stressing state budgets across the country. According to figures issued by the National Association of State Budget Offices, total state and federal spending on Medicaid services will top $300 million for 2004. More remarkably, that is 50% …

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