Switch to Desktop Site
 
 

Healthcare reform fallout: Which states are the winners?

Next Previous

Page 2 of 4

About these ads

Currently, states that cover childless adults receive a 50 percent reimbursement for their costs. But the federal share of that reimbursement is set to increase, according to the bill of healthcare fixes, which tweak some of the numbers in the healthcare bill already passed and signed by President Obama.

(The fixes bill was passed by the Senate and the House Thursday and now goes to Mr. Obama to be signed into law.)

In 2014, the federal government will pick up 75 percent of the costs. By 2020, the fed’s share will grow to 93 percent.

By contrast, states that have not yet begun to cover childless adults will get federal reimbursements to cover 100 percent of their programs to start, but over time they will have to start paying for a portion of the cost. In other words, their expenses will eventually grow, while those of states that got a head start will gradually shrink.

Although it’s hard to quantify how much these states will save as a result of the changes, it will total in the billions of dollars annually.

Next Previous

Page 2 of 4


Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.

Share

Loading...