Why The Affordable Care Act Is Good For States
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.