Wednesday, June 23, 2010

New Report on Health Reform Shows that the Cost Burden Will Be on the Feds, Not the States

A new report by the Kaiser Family Foundation shows the impact of the new health reform law on both the number of uninsured and new enrollees.  The report also shows that the federal government will pick up the overwhelming majority of the cost. "Health reform will offer Medicaid coverage to millions of low-income adults for the first time and help establish a national floor for Medicaid eligibility that contrasts sharply with the wide variation in eligibility across state Medicaid programs today. ... "For a relatively small investment of state dollars, states could see huge returns in terms of additional coverage for their lowest income residents -- with federal dollars covering the bulk of the bill," said Diane Rowland, executive vice president of the Foundation." (from the press release)

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