Health Dept. Estimates $677M Savings In 5 Years Of Medicaid Expansion

BATON ROUGE (AP) — Gov. John Bel Edwards' administration estimates the Democratic governor's planned Medicaid expansion will save the state $677 million in its first five years.

         The savings would come, according to the state health department, from taking advantage of enhanced federal financing rates for health services.

         The projections presented Monday to the Senate health committee contrast with estimates provided to lawmakers in previous years when Republican Bobby Jindal was governor. Jindal opposed Medicaid expansion.

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         Edwards' health secretary Rebekah Gee told senators the Jindal administration cost estimates were "inflated to be unrealistic."

         The governor updated senators personally on the planned expansion, saying enrollment will begin on June 1.

         Republicans in the state legislature have blocked expansion efforts in prior years. But on Monday, both GOP and Democratic senators appeared to embrace the idea.

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TruFund Financial: How Finance Enables Lasting Results

When people think about Community Development Financial Institutions, like TruFund Financial Services, they often focus on the visible outcomes: the small businesses they help...

         – by AP Reporter Melinda Deslatte

 

 

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