If passed, the bill would raise the eligible income level to 138 percent of the federal poverty level and add about 58,000 people to the program in seven years, reducing the uninsured rate from about 170,000 to 71,000, according to the report.
The federal government would pay for those additional beneficiaries in full for three years and not less than 90 percent after that. The state would need to pay an estimated $85 million more over seven years in exchange for $2.5 billion more into the state’s economy.
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CMS Details Policy on Sequester’s 2% Medicare Cuts
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