Posted on August 26, 2011 15:40
Categories: State and Local
Topics: Health Care Reform | Spending | State Data
The Urban Institute has released a study finding that states will spend $90 billion from 2014 less under the national health care reform law than they would without it. The authors attribute those savings to reduced uninsured populations and greater federal financing of services that states previously paid for.
From the report:
This report finds that state governments are likely to spend $92-129
billion less from 2014 to 2019 with implementation of the Affordable
Care Act, thanks to provisions reducing the uninsured population and
increasing federal support for health care previously financed by
states. The authors find that, overall, the federal government would
spend $704 to $743 billion more under reform from 2014 to 2019. Even
after 2019, when the federal government's share of Medicaid costs
declines to its permanent level, states will still come out ahead,
realizing net savings in 2020 alone of $12 to $19 billion.
Full report: State Governments Would Spend at Least $90 Billion Less With the ACA than Without It from 2014 to 2019 (PDF | 459.33 KB)
Urban Institute. (2011). State governments would spend at least $90 billion less with the ACA than without it from 2014 to 2019. Buettgenns, M., Dorn, S. and Carroll, C.
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