The Costs of Expanding Medicaid Will Bankrupt the States

The Costs of Expanding Medicaid Will Bankrupt the States

"One of the central aspects ObamaCare, besides the individual mandate to purchase insurance, is the expansion of Medicaid eligibility to 133 percent of the poverty level.

To entice Democrat lawmakers, especially in the Senate, to vote for this, Senate leaders assured the states that the federal government would cover the costs of the expansion until 2014.

After that, they said, the states would be responsible for paying for 10 percent of the expansion.

According to the Kaiser Commission on Medicaid and the Uninsured, the Medicaid expansion would “result in large increases in eligibles in most states and many new enrollees.
Not only would eligibility standards be extended but the individual mandate, though somewhat difficult to enforce at these income levels, will mean that large numbers of both previously eligible and newly eligible people will enroll.”

In other words, costs will go up. A lot."