States can spend money to save money under new health care rules

Dollar rollWhile some states are still deciding whether to expand Medicaid as called for in the Affordable Care Act, a new study from the Kaiser Family Foundation points to clear financial benefits for states that opt in. According to Governing Magazine’s recent summary of the study:

States would spend a combined $8 billion through 2022 to fully expand the low-income insurance program (compared to expected spending with other ACA provisions but without the expansion). … Over the same period, states would save a combined $18 billion because they would spend less on uncompensated care payments, which states pay to hospitals and other health-care providers for the care they provide to people without insurance.

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