» 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 This material may not be published, broadcast, rewritten or redistributed.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 News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 81 81 10,363
MORTGAGES 88 88 12,105
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 163 163 22,160
BANKRUPTCIES 64 64 7,154
BUSINESS LICENSES 19 19 3,624
UTILITY CONNECTIONS 56 56 7,720
MARRIAGE LICENSES 32 32 2,612

Weekly Edition

Issues | About

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