The estimate, which was presented before state Senate Health and Welfare Committee members April 18, comes after Gov. John Bel Edwards (D) made the decision earlier this year to expand Medicaid in the state.
“I believe folks in the prior administration who said we couldn’t afford Medicaid expansion, they took the worst case scenario on every variable,” Gov. Edwards said, according to the report. “If you look at what we’re doing in light of experience in other states … we know we’re going to save money.”
More articles on healthcare finance:
CMS offers 2-year extension for bundled payment program
CMS’ 2017 IPPS proposed rule: 10 points to know
Premier Health invests in robotic surgical system for spinal surgeries