- The Washington Times - Wednesday, July 2, 2014

The White House issued a report Wednesday detailing what it says are harmful economic consequences for Republican-led states that haven’t expanded Medicaid rolls under Obamacare.

The report, from the White House council of economic advisers, said the 24 states that haven’t accepted Medicaid expansion will deprive 5.7 million people of health-care coverage by 2016. It said the decisions in those states will have “far-reaching” implications for their economies.

“States that fail to expand Medicaid are also passing up billions of federal dollars that could boost their economies today,” the report said, adding that expanding medical coverage would boost demand for various goods and services by relieving families of out-of-pocket costs.

In the 26 states and the District of Columbia where Medicaid has been expanded under Obamacare, 5.2 million people have gained coverage, the report stated.

The analysis is based on “the best evidence from the economics and health policy literatures” and “is necessarily an imperfect guide to the future,” the White House said. But the report said the evidence is clear that failing to accept Medicaid expansion will harm states’ economic condition.

Copyright © 2018 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide