EDITORIAL: Medicaid expansion sparks economic stimulus, healthier workers
An independent analysis by the
It covers working people who make up to 138 percent of the poverty line, less than
The advantages of expansion are both financial and medical.
On the financial front, the generous federal matching grants for expansion -- more than 90 percent -- mean that money once spent on care for the uninsured, often in emergency rooms, is now available through doctor's offices.
The state's savings are substantial. But the LSU report also noted that more than
"This economic impact means sustaining and creating employment impacts, personal earnings, and state and local tax receipts," the report said.
But we like the medical benefits. Thousands of
That's good for the economy. These are workers who can do better at their jobs and better care for their families.
The economists put it more dryly: "Improved healthcare access can also have a positive effect on the labor force participation rate, defined as the number of persons in the work force who are 16 years of age and older. Improved labor force participation rates should be one long-term result of the Medicaid expansion program, and rising labor force participation rates will allow for further employment growth in the state."
Still, good news. In fact, undeniable good news.
Why this was not adopted in
The state and its people are better off because
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