State Spendings on Medicaid Discussion
The health law will cost state taxpayers at least $118.04 billion through 2023 — more than double the Congressional Budget Office’s (CBO) recent estimate of $60 billion through 2021, according to a new report from the House Energy and Commerce Committee.
The enactment of the Patient Protection and Affordable Care Act in March 2010 was the largest expansion of the entitlement program since its inception more than 45 years ago. Half of those obtaining health care coverage under the new law will get it through Medicaid. The committee report provides a state-by-state analysis of the financial impact the new health care law will have on states and demonstrates the unsustainable fiscal burden this new law will foist upon taxpayers.
How much the State of your choice are spending on Medicaid? (California)