Why The Affordable Care Act Is Good For States

Posted by | November 26, 2012 14:06 | Filed under: Top Stories

The Kaiser Family Foundation and the Urban Institute report that for ever dollar spent on low-income residents, states can receive $9 in federal money.

Expanding Medicaid to cover about 20 million more low-income people will cost a total of more than $1 trillion from 2013 to 2022, the report estimates. But states will pay just $76 billion of that, or roughly 7 percent of the cost…

It also found that a few states might actually spend less than they do now.

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Copyright 2012 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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