"The Affordable Care Act will address these weaknesses. Some 308,000 of Kentucky’s uninsured — mostly the working poor — will be covered when we increase Medicaid eligibility guidelines to 138 percent of the federal poverty level. PricewaterhouseCoopers and the Urban Studies Institute at the University of Louisville concluded that expanding Medicaid would inject $15.6 billion into Kentucky’s economy over the next eight years, create almost 17,000 new jobs, have an $802.4 million positive budget impact (by transferring certain expenditures from the state to the federal government, among other things), protect hospitals from cuts in indigent care funding and shield businesses from up to $48 million in annual penalties. In short, we couldn’t afford not to do it." Governor Steve Beshear The New York Times 9/26/13
Posted on: Sat, 28 Sep 2013 17:12:03 +0000