Expanded Medicaid Costs Lower Than First Estimated
Recently, Texas Governor Rick Perry rejected the Medicaid expansion for Texans who have no health insurance as called for in the Affordable Healthcare Act.
Republicans had previously cited the increase in costs to the state as one of the reasons for their refusal to participate. That was when state estimates had taxpayers absorbing $27 billion of additional costs during the first 10 years of the program.
But this past week, state officials revised that estimate and now say that the figure is closer to $15.6 billion; or $1.56 billion per year.
Will this change Perry’s mind?
Probably not, as the added expense was just a sorry excuse for Perry to abuse his power and refuse to participate in the program.
The real victims here are the close to 2 million more Texans who would have qualified for much needed health coverage.