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Originally posted by: Chilcoot
Oregon does have one big success to brag about. The state has enrolled 70,000 people in Medicaid, reducing the ranks of the uninsured by more than 10 percent.
Unfortunately nothing is free.
From the DHS Medicaid Actuarial Report:
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Affordable Care Act Impacts
• The Affordable Care Act is projected to increase Medicaid expenditures by a total of $514 billion for 2012 through 2021, an increase of about 9 percent over projections of Medicaid spending without the impact of the legislation. Most of this increase is projected to be paid by the Federal government ($468 billion, or about 91 percent), which would be about 15 percent greater than projected Federal expenditures excluding the impact of the Act.
• The most significant change to Medicaid is the expansion of Medicaid eligibility beginning in January 2014. This expansion is projected to add 8.7million people to enrollment in FY 2014 and 18.3million people by FY 2021—15 percent and 31 percent, respectively, compared to pre- Affordable Care Act estimates. These estimates are based on the assumption that 55 percent of potentially newly eligible enrollees reside in States that would expand Medicaid eligibility in 2014 and that 65 percent reside in States that would expand eligibility in 2015 and later years.
• The expansion and the increase in enrollment of people eligible for Medicaid under current criteria are projected to increase Medicaid expenditures by a total of $448 billion during 2014 through 2021, with the majority to be paid by the Federal government ($388 billion, or 87 percent) due to the higher Federal matching rate provided for expenditures on behalf of newly eligible enrollees.
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Ref: Department of Health and Human Services
DonDiego does not know if the Oregon Medicaid enrollment is higher or lower than HHS predicted, . . . but in any case he is happy to be paying higher taxes to provide the 70,000 new enrollees in Oregon health care, . . . at least until more doctors decline to see medicaid patients. because of decreasing reimbursements.