November 15, 2012 – The state could save up to $114 million from 2014 to 2020 by not expanding Medicaid under the Affordable Care Act, but state health care providers would lose out on $2.5 billion in federal revenue. The state would have to find an additional $85 million over those years if Medicaid is expanded, but would get the $2.5 billion, according to a consultant hired by the State Department of Health and Human Services. On Thursday, Randall Haught, senior director of The Lewin Group, explained the first phase of a study to determine what effect Medicaid expansion would have on the department’s budget, the state’s economy, health care providers and other state programs. He said the expansion would add about 58,000 people to the program – about half of the 113,000 people who would be eligible. Without expansion, Haught said, 22,000 additional people will go on Medicaid due to penalties and other provisions of the ACA.
Link to Full Article: http://www.unionleader.com/article/20121116/NEWS06/121119358