Study: Refusal to expand Medicaid is costing Texas billions
AUSTIN — If Texas keeps refusing to enlarge Medicaid under the Affordable Care Act, the state will pass up a heap of money, a new study has found.
In 2022, the state would pass up federal money for Medicaid expansion equal to more than twice its haul that year in federal highway aid, according to researchers Sherry Glied and Stephanie Ma of New York University.
Texas would forfeit $9.6 billion of federal Medicaid matching funds in 2022. That’s one-fourth of what the federal government expects to spend on defense contracts in the state that year, the study said.
“No state that declines to expand the program is going to be fiscally better off because of it,” said Glied, a former Obama administration health planning official who is dean of NYU’s Robert F. Wagner Graduate School of Public Service.
More at http://www.dallasnews.com/news/politics/headlines/20131204-study-refusal-to-expand-medicaid-is-costing-texas-billions.ece .
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