Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Study: States that reject Medicaid expansion lose money (Texas could lose $9.2 Billion by 2022)
http://www.usatoday.com/story/news/nation/2013/12/05/rejecting-medicaid-costs-states-more/3871811/WASHINGTON The 20 states choosing not to expand Medicaid will lose billions of dollars in federal funds, according to a new study released Thursday.
By 2022, Texas could lose $9.2 billion by not expanding Medicaid as allowed under the Affordable Care Act, while Florida could lose $5 billion over that period, the study conducted by The Commonwealth Fund shows. Commonwealth was founded in 1918 to improve health services for Americans.
Also during that period, the study showed, Georgia could lose $2.9 billion, while Virginia could lose $2.8 billion.
"There are no states where the taxpayers would actually gain by not expanding Medicaid," said Sherry Glied, lead author on the study. "Nobody wins."
(more)
Study: Refusing Medicaid expansion will cost states billions of dollars
http://www.washingtonpost.com/blogs/govbeat/wp/2013/12/06/study-refusing-medicaid-expansion-will-cost-states-billions-of-dollars/
The Affordable Care Act requires the federal government to pay 100 percent of the costs of expanding Medicaid for three years. After that period, the law mandates the federal government pay 90 percent of the costs of expansion.
The 10 percent investment that would be left to the states, the studys authors conclude, would be justified by the huge investments from the federal government.
States that choose to participate in the Medicaid expansion will gain considerable new federal funds, the studys authors write. States often seek to increase their share of federal funds, lobbying for military bases, procurement contracts, and highway funds. Federal funding provides direct benefits and bolsters local economies.
Conversely, states that refuse Medicaid expansion will continue to be on the hook for billions in uncompensated care costs as when uninsured residents visit the emergency room. By refusing to expand Medicaid, Texas will forgo $9.2 billion in federal funding in 2022, the authors said. Florida, another state that has said it wont expand Medicaid, stands to lose more than $5 billion.
(more)
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1581 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (5)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Study: States that reject Medicaid expansion lose money (Texas could lose $9.2 Billion by 2022) (Original Post)
Bill USA
Dec 2013
OP
AND....When the citizens of these red states learn how screwed they are, the states will turn blue.
NYC_SKP
Dec 2013
#2
arcane1
(38,613 posts)1. Prediction: those states will blame the losses ON the ACA in 2014.
Their voters will happily believe it.
NYC_SKP
(68,644 posts)2. AND....When the citizens of these red states learn how screwed they are, the states will turn blue.
It's genius, really.
I wish they wouldn't have to wait, but that's what will happen.
They'll look to the 27 states that DID expand medicare and ask who to blame.
K/R
Gothmog
(145,147 posts)3. Texas Democrats are trying to make this an issue with voters with "Texas left Me Behind"
http://www.democraticunderground.com/107813898 The concept is that the State of Texas is screwing itself and a large number of voters. The Texas Democratic Party wants voters to hold the GOP accountable for this stupidity.
indepat
(20,899 posts)4. That nobody wins with a redneck right-wing legislature/state houses is a message which should
ring out in every town, village, and hamlet in the land.