Part of the Affordable Care Act encourages states to expand Medicaid to more residents. Opponents in Mississippi insist it will cost too much. Supporters say the federal government will pick up 100 percent of the cost for the first few years and expansion will create jobs.
Now that the presidential election is in the rear view mirror, two things have become abundantly clear about the Affordable Care Act. First, Obamacare wasn’t the death knell the president’s opponents thought it would be. Second, love it or hate it, even Speaker Boehner says ACA is “the law of the land.”
A national health care expert said Friday a study indicates that the costs of health insurance premiums might increase in states that do not participate in the Medicaid expansion that is part of the federal Patient Protection and Affordable Care Act.
The Medicaid expansion that is part of the politically charged federal health care law would create 9,000 jobs in Mississippi, according to the University Research Center.
As we near open enrollment season for many health plans, Americans have an important new tool to help them pick the right coverage thanks to the Affordable Care Act. Consumers can now get a simple, standardized form telling them what a given health plan covers and how much it costs. As a result, comparing health insurance options to find the best one for your family has never been easier.
Mississippi’s Medicaid director told lawmakers Thursday that expanding the program under the federal health care law could cost the state a cumulative $1.6 billion over 10 years. The figure prompted Republican House and Senate leaders to reiterate their opposition to the expansion. But it appears to be the most expensive scenario, based on other available research.