As the Kasich Administration decides whether or not to participate in the Affordable Care Act’s Medicaid expansion, an analyst at the Center for Budget & Policy Priorities provides three essential reasons why saying ‘yes’ would be good public and economic policy.
January Angeles of CBPP testified before a New Jersey state senate committee and recaps three points in a blog post today:
- State and local spending on health care services for the uninsured would fall because many uninsured residents would have Medicaid coverage, largely financed by the federal government.
- The expansion could strengthen New Jersey’s economic recovery. For every $1 that the state spent on the expansion, it would receive $9 from the federal government. That would equal between $9 billion and $11.1 billion in additional federal dollars coming to the state between 2014 and 2019, according to the Urban Institute.
- Research shows that people on Medicaid are more likely to get preventive care than people without insurance. Better health care, in turn, leads to better health. “State Medicaid expansions to cover low-income adults were significantly associated with reduced mortality as well as improved coverage, access to care, and self-reported health,” according to research published in the New England Journal of Medicine.
Just replace “New Jersey” with “Ohio.”