ACA's Medicaid Expansion Created Jobs, Saved State Dollars

http://www.forbes.com/sites/brucejapsen/2016/03/23/acas-medicaid-expansion-created-jobs-saved-state-dollars/#7ece4737138d

States that expanded Medicaid under the Affordable Care Act saw more job growth, lower health inflation and spent less on social and health services unneeded once more residents had medical coverage, a new analysis shows.

A new report issued by the Robert Wood Johnson Foundation said states that opted to expand Medicaid coverage for poor Americans are saving “in many cases, tens of millions of dollars.” Researchers examined savings and increased revenue for 12 states that expanded Medicaid in an update of a report first issued last year.

The report comes six years after President Obama signed into law the Affordable Care Act on March 23, 2010. States that agreed to expand Medicaid began doing so in 2014 and began to see less need for mental and health social programs. They also saw a boost to their economies once federal dollars began to flow from use of healthcare services.

“Evidence from states that have expanded Medicaid consistently shows that expansion generates savings and revenue which can be used to finance other state spending priorities or offset much, if not all, of the state costs of expansion,” says the report, issued by researchers at the consulting firm Manatt Health with funding from the Robert Wood Johnson Foundation. “Medicaid expansion is also bringing hundreds of millions of federal dollars annually to states, which ripples through state economies, creates jobs, and strengthens struggling and rural hospitals.”

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But...but...but...Obamacare was supposed to KILL 2.5 million jobs....

never mind.