Obama has won re-election and the health law’s implementation is marching forward, Scott has showed some signs that he may consider softening his stance. And a new report from Georgetown University’s Health Policy Institute could give him even more reason to do, since it concludes that Obamacare’s Medicaid expansion would save Florida about $100 million each year while extending health coverage to those who need it most:
The researchers determined the state could save up to $100 million a year because allowing people to join Medicaid would reduce the financial burden on other state-funded safety net programs.
“It is time for Florida’s elected officials to take a serious look at this option,” said Joan Alker, research associate professor at Georgetown University’s Health Policy Institute. “Our study found that the state can actually save money while ensuring that a million Floridians can get the health coverage they desperately need. And this decision affects all Floridians as Florida’s hospitals will be put in jeopardy if the state does not move forward.”
Scott has said that he opposes expanding Medicaid in his state because — even though the federal government will pay for 100 percent of the expansion during the first three years, and at least 90 percent of the expansion’s costs after 2020 — he worries that it will be too expensive after 2020. But Georgetown researchers predict that since the expansion will actually strengthen the health care safety net in Florida, the reduced strain on other social programs will more than offset the costs of covering more low-income Floridians.