Medicaid Enrollment Surged

According to the National Association of Health Underwriters (NAHU) a recent report cited by the AP indicates that more than a dozen states that chose to expand Medicaid have seen a surge in enrollment that is beyond all projections.  This is raising concerns that the added cost will seriously impact state budgets in 2017 when federal aid is reduced.  In Kentucky the estimated Medicaid costs have risen from $33 million to $74 million for 2017.  In 2013 Oregon estimated its Medicaid expansion would cost $217 millino between 2017 and 2019.  Now the authorities are projecting a cost of $369 million  – about 70% more than originally thought.

July 20th, 2015 by RealCare Insurance Marketing, Inc.