No Medicaid expansion in NC means rejecting more federal $ than we get for highways, military

commonwealth rprtA new Commonwealth Fund report finds North Carolina gives up $2.6 billion in net federal funds by not doing the Medicaid expansion under the Affordable Care Act.  The total amount of net federal money that NC gives up by rejecting the Medicaid expansion far exceeds the total federal money we get for our highways and also exceeds the total federal money spent in our state by the military.  I think many people don’t realize the economic hit we are taking by turning down this expansion.

One other interesting statistic from the report.  The Fund estimates that while NC would spend $690 million by 2022 for its Medicaid expansion (remember the NC Institute of Medicine estimated this state spending would actually be more than made up for by the billions of federal money that would be drawn down and replace current health spending).  Compare to this to what NC will spend in incentive payments to attract business to the state by 2022:  $817 million.  Amazing that sort of spending is OK, but insuring 500,000 of our people and creating 25,000 health jobs is not.

 

Top Stories from NCPW

  • News
  • Commentary

WASHINGTON — The coronavirus pandemic has brought heartbreaking consequences for millions of U.S. ch [...]

Sheriffs and advocates remain opposed, but the party of Donald Trump is no longer a roadblock Video [...]

Student leaders at UNC-Chapel Hill are asking that money from a recently increased security fee go t [...]

The murder of George Floyd in Minneapolis in May of 2020 and the demonstrations that ensued in score [...]

An honest assessment of the disastrous U.S. experience in Afghanistan leads to some hard truths and [...]

There is, of course, nothing new about the idea that blood runs thick in politics. The list of promi [...]

The post North Carolina court blocks Voter ID law for discriminatory intent appeared first on NC Pol [...]

Vaccine refusal is a major reason COVID-19 infections continue to surge in the U.S. Safe and effecti [...]

A Clear and Present Danger

 

NC’s Tarheel Army Missile Plant is a toxic disgrace
Read the two-part story about the Army’s failure to clean up hazardous chemicals, which have contaminated a Black and Hispanic neighborhood for 30 years.

Read in English.


Haga clic aquí para leer: Peligro inminente
Una antigua planta de misiles del Ejército ha contaminado un vecindario negro y latino durante 30 años.

Leer en español.