Tuesday, May 14, 2013

Colorado Medicaid expansion signed into law

Gov. Hickenlooper announcing Medicaid savings
at January press conference
An expansion of Medicaid eligibility that's expected to add 160,000 adults to public health care assistance in Colorado was signed into law Monday by Gov. John Hickenlooper. The expansion is part of the federal health care overhaul that 22 states and Washington, D.C., have accepted as of last week.

Supporters of the expansion say it will reduce health care costs in the long run. But most Republicans voted against the expansion, saying the state's cost can balloon once the federal government stops paying for growing the program. The federal government covers the entire cost of the expansion for the first three years.
Fourteen states have rejected the Medicaid expansion, which was made optional by the U.S. Supreme Court ruling last year on the federal health care law. Another 14 states were still deciding whether to expand as of last week.
The Democratic governor has said the expansion would cost Colorado about $128 million over the next 10 years. But he insists there's $280 million in cuts and savings to Medicaid that he has identified that can more than pay for the expansion. Some of those cuts and savings would include better use of technology by Medicaid-funded doctors and efforts to reduce waste.

By Ivan Moreno, Associated Press


For the rest of the story, go to The Denver Post.

No comments:

Post a Comment