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Opting out of Medicaid expansion could mean billions lost for states, hospitals
A report from the Urban Institute, funded by the Robert Wood Johnson Foundation, projects that states that did not participate in Medicaid expansion to include eligibility for adults with incomes ≤138% of the federal poverty line will miss out on $423.6 billion in federal funding between 2013 and 2022. Additionally, hospitals in those states are projected to lose $167.8 billion in added revenue from Medicaid reimbursement within that time period. According to the report, 6.7 million residents will likely be uninsured in 2016 within the 24 states that did not (Read more...)