Healthcare reform fallout: Which states are the winners?, By Ron Scherer, March 26, 2010, Christian Science Monitor: “Under the nation’s healthcare reform plan, the nation’s Medicaid system will grow as one of the main organizations to implement the goal of expanded medical coverage. But it appears that, from a financial standpoint, some states will be winners and some will be losers in this new arrangement. Here’s a look at why some states may stand to benefit. Later today, the Monitor will look at other states, which are complaining that it will cost their taxpayers a lot more money in the future. The biggest winners, state officials and Medicaid experts say, could be those states that have already taken an important step toward expanding their own Medicaid programs: covering childless adults…”
Healthcare reform fallout: Which states could lose financially?, By Ron Scherer, March 26, 2010, Christian Science Monitor: “Under the new healthcare reform plan, 16 million more people are expected to join state Medicaid rolls. Recognizing the costs involved, lawmakers have tried to cushion the financial impact on states. But many governors believe the expansion of Medicaid will still be too costly for them. Medicaid is a key part of the plan to expand healthcare coverage in America. From a financial standpoint, some states stand to benefit from the Medicaid provisions – and other states believe they stand to lose. Eleven states, plus the District of Columbia, could come out as winners. They’re so-called expansion states, which already cover childless adults to some extent. They could gain because the federal government will absorb an increasing amount of their obligations…”
S.C. Medicaid coverage to expand; cost to soar by $914 million, By John O’Connor, March 25, 2010, The State: “New federal health care legislation will cost the state of South Carolina and its taxpayers $914 million. That cost – the total of spending from July 1 to 2019 – will come as the state adds 480,000 low-income children and adults to a state health insurance program, as required by the new law, according to estimates by the state Department of Health and Human Services. The expansion represents a 4.4 percent increase in the $20.9 billion the state would have spent on Medicaid during that nine-year period, adding roughly $100 million a year to the state’s costs. With the state already facing a likely $1 billion budget shortfall next year, Republican lawmakers – who control the General Assembly – said the additional health care costs are one more reason they oppose implementing the law, which President Barack Obama signed Monday…”
Medicaid cost to soar, state says, By Frank Gluck, March 2010, Fort Myers News-Press: “When state Attorney General Bill McCollum announced his lawsuit this week to block new federal health care legislation, he came armed with an intimidating figure for cash-strapped Florida – more than $1 billion. That is the projected annual cost of expanding the Medicaid rolls in 2019 and thereafter, according to the state agency that oversees the insurance program. The Florida Agency for Health Care Administration’s number, which assumes mass increases in Medicaid rolls in the coming decade, would amount to a 6 percent annual increase in the state’s current Medicaid costs…”