May 26 17:58

Study Finds States’ Worries of Health Reform Costs Unfounded

From the Washington Post:

The federal government will bear virtually the entire cost of expanding Medicaid under the new health-care law, according to a comprehensive new study by the Kaiser Family Foundation that directly rebuts the loud protests of governors warning about its impact on their strapped state budgets.

About half of the increase in health insurance coverage under the new law is expected to come from expanding Medicaid in 2014 to a new nationwide eligibility threshold of 133 percent of the poverty level — $14,400 for a single adult or $29,300 for a family of four. A disproportionate share of the 16 million people expected to enroll in the expanded Medicaid live in states in the South and West that until now have had very stringent eligibility rules for low-income adults.

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