Projected, actual enrollment for Medicaid expansion states
About 100,000 people who were in that program are covered by Medicaid with shared state and federal costs. As a result, the state revised its projected Medicaid costs from $33 million to $74 million for the 2017 fiscal year.
As part of President Barack Obama’s health insurance overhaul, the US was offering to pay for program’s expansion to cover adults with higher incomes.
New Jersey Gov. Chris Christie went for the expansion back in 2013, though he made clear he did not like the underlying policy. Those who initially signed up for managed care, however, will be moved to private plans through the Affordable Care Act marketplace using federal Medicaid funds. “I think it is wrong for New Jersey and for America”, Christie said at the time.
State health officials say that when the federal matching funds and savings from consolidating other state health coverage into Medicaid is factored in, Massachusetts will realize a net state savings for its Medicaid expansion. The federal match enhancements associated with the federal law are expected to more than offset the additional costs to Massachusetts of Medicaid expansion. In May, the number of newly eligible people in the program was almost 383,000. It estimates that Ohio will see $301 million in tax revenue from the group in fiscal year 2017.
As Christie rolled out his state budget proposal earlier this year, his treasurer praised the expansion, saying it’s been “a blessing for providing appropriate care to our most vulnerable populations”.
ST. PAUL, Minnesota – The budget implications of expanding Medicaid aren’t hitting Minnesota as hard as other states.
Thirty states and the District of Columbia expanded Medicaid eligibility to include all non-disabled adults with incomes at or below 138 percent of the federal poverty level, which now is about $16,000 for an individual. Minnesota calls its Medicaid program Medical Assistance.