States and Medicaid Expansion

Posted on December 7, 2012 by townsend

• Medicaid expansion could add thousands of jobs in state, By Liv Osby, December 7, 2012, Greenville News: “Expanding the Medicaid program under the Affordable Care Act could mean some 44,000 new jobs and millions in additional revenues for the state by 2020, according to a new report from the South Carolina Hospital Association. That includes a total of 10,172 jobs in the Upstate, 3,152 of them in Greenville County and 831 in Pickens County, the report obtained by GreenvilleOnline.com shows. About a third of the jobs will be outside the health care sector because of the multiplier effect. And that additional employment would translate into about $1.5 billion in labor income and $3.3 billion in economic activity by 2020, according to the report prepared by the University of South Carolina’s Moore School of Business. Medicaid now covers about one in four South Carolinians, most of them children…”
• Study: Expanding Medicaid could save Wyoming millions, By Joshua Wolfson, December 7, 2012, Casper Star-Tribune: “Expanding Medicaid under the Affordable Care Act could save Wyoming more than $47 million over six years, according to a Wyoming Health Department report released today. Medicaid expansion would allow the state to spend fewer general fund dollars on other health programs, more than offsetting the cost of adding thousands of new people to the program, the study shows. The Health Department expects Medicaid expansion will cost the state $151 million between 2014 and 2020. But over that time, it projects $198.5 million in offsetting savings if Wyoming chooses to fully participate in the expansion…”