The GHA’s expansion plan urges the state to use $6.1 billion in federal funds to expand the state’s Medicaid program and provide health coverage to an estimated 500,000 low-income Georgians, according to the report.
The proposal also recommends creating a commission that would “study the financial effects of expansion on the state and local governments, and develop a comprehensive healthcare strategy for Georgia,” according to the report.
The report cites hospital association documents, which state the new jobs created as a result of Medicaid expansion would bring in “far more in new state tax revenues than is needed to cover the state’s costs.”
Although the plan has been proposed, the issue is not expected to be a major topic during this year’s General Assembly, according to the report.
More articles on healthcare finance:
HCA raises earnings guidance, previews Q4 financial results
Kansas Hospital Association to present Medicaid expansion plan to lawmakers
For-profit hospital stock report: Week of Jan. 5-9
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