Uncategorized

New Report: NC’s Medicaid expansion pays for itself, extends coverage

Our friends here at the NC Justice Center’s Budget and Tax Center have released a report today detailing the numbers behind what happens in our state when we expand Medicaid under the Affordable Care Act.  In addition to the positive effects I’ve detailed before, the BTC report finds the following:

1.  95% of people gaining coverage under the expansion will have been previously uninsured.

2.  NC will pay just 2% more on Medicaid in 2014 for the expansion than was budgeted for the current program this year, since the federal government is paying most of the expansion costs.

3.  NC state and local governments pay hundreds of millions of dollars every year to help hospitals, health departments and community clinics care for all the people walking in their doors who don’t have health insurance.

4.  Since most currently uninsured people coming in for care will now be covered, state and local governments will save between $1 and $2 billion over six years, easily outpacing the extras costs NC will incur in the Medicaid program.

Check Also

Senator Richard Burr: Makes up his own facts about NC Medicaid in order to criticize it

North Carolina’s Senator Burr used to be a ...

Top Stories from NCPW

  • News
  • Commentary

North Carolina’s public school system is one of the lowest funded in the nation when adjusted for co [...]

Last week, a teenager in Florida opened fire in a high school and killed 17 people. Nikolas Cruz, 19 [...]

Students, faculty and staff at UNC continue protest the Chapel Hill campus’ Confederate monument, “S [...]

On a sultry day last September, Megan Stilley arrived at Lanier Farms, a large swine operation in ru [...]

In “Lessons on political speech, academic freedom, and university governance from the new North Caro [...]

Cracks are forming in the NRA’s death grip on American politics At some point, it’s going to happen. [...]

As the General Assembly wraps up its weirdly timed and generally ill-conceived winter session, it wo [...]

The post Dumb & Dumber & Dumbest appeared first on NC Policy Watch. [...]