TEXAS HAS ONLY ONE RATIONAL CHOICE
Nov 11, 2012
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Dr. M. Ray Perryman
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TEXAS HAS ONLY ONE RATIONAL CHOICE:
EXPANDING MEDICAID UNDER THE AFFORDABLE CARE ACT
Study by The Perryman Group Finds that Expanding Medicaid More than Pays for Itself
According to an analysis by The Perryman Group, every $1 spent by the State of Texas to expand Medicaid coverage under the Affordable Care Act (ACA) returns $1.29 in dynamic State government revenue over the first 10 years of the expansion. Medicaid expenditures lead to substantial economic activity, federal funds inflow, reduction in costs for uncompensated care and insurance, and enhanced productivity from a healthier population. When these outcomes and the related multiplier effects are considered, the program actually far more than pays for itself and provides a notable economic stimulus.
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