Medicaid Relief for States
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Nov 19th, 2009
Medicaid Relief for States
The Washington Post reports that the House health care bill contains $23.5 billion in new funding to expand state Medicaid programs.
Under the Affordable Health Care for America Act, the federal government would continue to pay a higher share of all Medicaid costs -- 66 percent on average, up from 57 percent before the stimulus -- for an additional six months, and erase in one fell swoop a major chunk of states' projected shortfalls for the coming year.
The legislation would also expand coverage to persons under age 65 with incomes up to 150% of the federal poverty level ($33,075/year for a family of four). The federal government would pick up the full cost of the expansion in 2013 and 2014; thereafter the federal government would pay 91 percent and states would pay 9 percent.
Read the full story here.
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