Last week, the Washington, D.C.-based Heritage Foundation released a report on the cost to each state of expanding Medicaid under the federal Affordable Care Act, also known as Obamacare. The study begins by stating:
The Medicaid expansion is touted by proponents of Obamacare as a “no-brainer.” While it is true that some states may see projected savings, it is erroneous to claim that this experience applies to every state.
In particular, Heritage found that the Medicaid expansion “would cost Michigan taxpayers $1.3 billion through 2022.” The following chart shows the annual costs.
SOURCE: Heritage, "Medicaid Expansion in Michigan: Impact and Cost to Taxpayers."
Permission to reprint this blog post in whole or in part is hereby granted, provided that the author (or authors) and the Mackinac Center for Public Policy are properly cited. Permission to reprint any comments below is granted only for those comments written by Mackinac Center policy staff.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.