Medicaid coverage under Republican health plan could cost RI up to $70 million by 2021
Rhode Island may need to spend another $25 million to $30 million to keep 70,000 low-income adults from losing their Medicaid coverage under the House Republicans' plan to replace the Affordable Care Act in 2020, according a preliminary analysis performed by health experts for The Providence Journal.
And that's just in the first year. In 2021, the additional cost is projected to run between $65 million and $70 million — an expense, some experts say, the state would likely be unable or unwilling to absorb.
The preliminary analysis, provided by former state Health Insurance Commissioner Christopher F. Koller and reviewed by several local health experts, is the first publicly released estimate of the impact of the proposed funding cuts on Rhode Island's Medicaid expansion program.
The Republican plan to replace Obamacare would dramatically reduce the amount of funding the federal government provides to help states pay for Medicaid, according to the Congressional Budget Office report released this week.
Medicaid insures close to 300,000 Rhode Islanders, or nearly one-third of the population. State health experts say the first hit from the proposed changes would be to the state's Medicaid expansion population — roughly 70,000 adults who became newly eligible for coverage in 2014 under Obamacare.
Rhode Island is among 31 states, along with the District of Columbia, that adopted the federal law's expanded eligibility criteria for Medicaid. In Rhode Island, that meant low-income adults who are not disabled and have no dependent children. Their coverage currently costs $450 million — or one-fifth of the state's $2.3-billion Medicaid program.
Medicaid coverage under Republican health plan could cost RI up to $70 million by 2021
Rhode Island may need to spend another $25 million to $30 million to keep 70,000 low-income adults from losing their Medicaid coverage under the House Republicans' plan to replace the Affordable Care Act in 2020, according a preliminary analysis performed by health experts for The Providence Journal.
And that's just in the first year. In 2021, the additional cost is projected to run between $65 million and $70 million — an expense, some experts say, the state would likely be unable or unwilling to absorb.
The preliminary analysis, provided by former state Health Insurance Commissioner Christopher F. Koller and reviewed by several local health experts, is the first publicly released estimate of the impact of the proposed funding cuts on Rhode Island's Medicaid expansion program.
The Republican plan to replace Obamacare would dramatically reduce the amount of funding the federal government provides to help states pay for Medicaid, according to the Congressional Budget Office report released this week.
Medicaid insures close to 300,000 Rhode Islanders, or nearly one-third of the population. State health experts say the first hit from the proposed changes would be to the state's Medicaid expansion population — roughly 70,000 adults who became newly eligible for coverage in 2014 under Obamacare.
Rhode Island is among 31 states, along with the District of Columbia, that adopted the federal law's expanded eligibility criteria for Medicaid. In Rhode Island, that meant low-income adults who are not disabled and have no dependent children. Their coverage currently costs $450 million — or one-fifth of the state's $2.3-billion Medicaid program.
Medicaid coverage under Republican health plan could cost RI up to $70 million by 2021
A showbusiness coastal elite isn't working hard to benefit America's pudgy, white, opioid-addicted blue collar Heartland folks?