But when we see problems at the scale that's happening in Minnesota, you want to understand how it happened, how do we get here? And it's probably worth going back a little bit and understanding what the whole purpose of Medicaid was created with Medicare in 1965. It is the ultimate payer of last resort. It's the entity that catches you and addresses a moral obligation of government to take care of its most needy citizens. (02:09–02:16)
CLAIM
Asserts that Medicaid was created with Medicare in 1965 and is the payer of last resort.
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