".... the cost to Michigan taxpayers will rise in coming years — the Heritage Foundation has estimated it at a total of $1.3 billion through 2022. [ Devon] Herrick [Ph.D., a senior fellow at the NCPA] and co-author Linda Gorman, Ph.D., director of the Health Policy Center at the Independence Institute in Golden, Colo., illustrate how Medicaid expansion could be an inefficient way to reduce the uninsured population. Focusing on just one key target group for the Medicaid expansion, they estimate a $475 million cost to Michigan taxpayers over the next decade for enrolling new, nonelderly, previously uninsured individuals with incomes between 100 percent and 138 percent of the federal poverty level. They also estimate, however, that it would be $144 million cheaper for state taxpayers to buy these roughly 124,000 enrollees basic private insurance on the federally subsidized state health exchange." - mackinac.org/18751?utm_source=Mackinac+Center+Publications&utm_campaign=c0d0832dd1-TWAM_06_18_2013&utm_medium=email&utm_term=0_4fe5eae3c7-c0d0832dd1-259305445
Posted on: Tue, 18 Jun 2013 16:06:38 +0000