» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 56 | Thursday, March 21, 2013

AARP: $30 for Every $1 Spent on Medicaid Expansion

Print | Front Page | Email this story | Comments ()

NASHVILLE (AP) – A study commissioned by the AARP finds that Tennessee would reap nearly $30 for every dollar spent on expanding Medicaid.

The study presented to Gov. Bill Haslam's administration and the speakers of the House and Senate on Tuesday notes that the state's participation in Medicaid expansion would result in $9.4 billion in direct federal funding through 2019, while the state's share would be about $315 million.

The report says that federal money would result in additional production of goods and services valued at $17.6 billion and wages, salaries and benefits worth $7.9 billion.

Haslam has said he plans to decide whether to recommend Medicaid expansion by the end of the month. Lawmakers would have to approve an expansion as part of the annual budget process.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 311 15,028
MORTGAGES 83 338 19,668
FORECLOSURE NOTICES 15 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 65 247 14,281
BUSINESS LICENSES 16 120 5,111
UTILITY CONNECTIONS 70 316 21,749
MARRIAGE LICENSES 18 93 4,650

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.