Study: Medicaid expansion a good deal for states - The Hill's Healthwatch

Study: Medicaid expansion a good deal for states - The Hill's Healthwatch

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States would save money by accepting the Medicaid expansion in President Obama's healthcare law, according to a new study.

The research, published in the journal Health Affairs, said states that reject the Medicaid expansion will end up paying more for healthcare coverage than states that participate — and covering far fewer people.
Together, 14 states that have rejected the expansion will spend $1 billion more on uncompensated care than they would under the expansion, and they'll lose out on $8.4 billion in federal payments, researchers from the Rand Corporation said.

“Our analysis shows it’s in the best economic interests of states to expand Medicaid under the terms of the federal Affordable Care Act,” said Carter Price, the study’s lead author.

The 14 states included in the Rand analysis are also passing up a chance to cover 3.6 million uninsured people, the study said.

Read more: http://thehill.com/blogs/healthwatch/health-reform-implementation/303147-study-medicaid-expansion-a-good-deal-for-states#ixzz2VYbBfDoO
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