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Expanding Medicaid Could Save Idaho Hundreds of Millions of Dollars

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A governor-appointed panel said expanding Medicaid via an alternative funding plan they developed would save Idaho $173 million over the next 10 years.

Members of the governor-appointed panel that looked at options for expanding Medicaid to cover 103,000 of Idaho’s poorest adults told lawmakers Thursday that not expanding the program had cost the state “hundreds of millions of dollars” in federal healthcare funds that Idaho taxpayers are due under federal healthcare reform.

The panel members said expanding Medicaid now via an alternative funding plan they developed, giving the state more control over how funds are spent, would save Idaho $173 million over the next 10 years.

The federal government has already approved similar alternative plans in other states where Medicaid expansion has been politically or ideologically unpopular.

Read more: http://bit.ly/1DRhW2h

Source: Idaho Statesman

Read more here: http://www.idahostatesman.com/2015/02/05/3630009_panel-tells-lawmakers-state-has.html?rh=1#storylink=cpy

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