Monday, April 29, 2013

Colorado Medicaid Expansion Moves Forward

Both chambers of Colorado’s legislature passed bills late last week to expand Medicaid as called for in the Affordable Care Act. The next step is the state Senate is expected to approve amendments to the House version of the bill on Tuesday and send it to the desk of Gov. John Hickenlooper, a Democrat, who has said he will sign it.

An analysis by the pro-expansion Colorado Health Foundation says those revenue streams, plus the federal share of expansion means Colorado will actually spend $133.8 million dollars less in state tax money over 13 years, even as it adds 330,000 people to its Medicaid rolls. That analysis says the expansion will also create 22,388 new jobs and boost the state’s economy by $4.4 billion over the same period.

Colorado has already started extending Medicaid to new populations. Last year it held a lottery to choose 10,000 new recipients from among its poorest adults with no children. It also started offering Medicaid to some parents of Medicaid eligible children. Those programs will continue to ramp up until the Affordable Care Act Medicaid expansion starts in 2014.

Excerpts from an article by Eric Whitney, Colorado Public Radio

For the rest of the story, go to Kaiser Health News.

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