Obamacare’s Medicaid Population Already Costs 49% More Than Expected (and Rising)

“A government report finds that the cost of expanding Medicaid to millions more low-income people is increasing faster than expected, raising questions about a vital part of President Barack Obama’s health care law.”

[...] “But the new cost estimates could complicate things.”

“In a recent report to Congress, the Centers for Medicare and Medicaid Services said the cost of expansion was $6,366 per person for 2015, about 49 percent higher than previously estimated.”

Medicaid estimate renews cost concerns over ‘Obamacare’
August 12, 2016 11:41 AM

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