Reasons Behind The Medicaid Expansion's Good Idea

4. REASONS WHY MEDICAID EXPANSION IS A GOOD IDEA Under the federal Affordable Care Act, expansion of the Medicaid program will help hundreds of thousands of people in Washington state gain access to health care. Here are four facts everyone should know about expanding Medicaid. 1. Nearly 350,000 Gain Coverage 82,000 261,000 Currently eligible but not enrolled Newly eligible 2. Federal Government Picks up the Tab Federal funding over time 2014 - 2016 2020 & Beyond Washington State Federal Government Washington State Federal Government ERT ERTY 40 RIHERTY ERTY State pays 10 cents for every dollar ROST 100% Federal Funding 90% Federal Funding 3. Expansion Saves the State Money $120 million in savings between 2014 and 2020 %24 = $1 million State Costs are Minimal, Distribution of costs, 2014-2020 Federal Share 98.5% State Share 1.5% 4. Expansion Benefits Everyone San Juan Pend Oreille Whatcom Percent of Uninsured Eligible by County Okanogan Skagit Ferry Stevens Island 20- 29% Clallam Snohomish 30- 34% Chelan Jefferson Douglas 35- 39% Lincoln Spokane King 40-50% Mason Grays Harbor Kittitas Grant Pierce Adams Whitman Thurtson O Pacific Lewis Franklin, Garfield Yakima Columbia Benton Asotin Wahkiakum Cowlitz Walla Walla Skamania Klickitat Clark budgetandpolicy.org WASHINGTON STATE Sources, by section number: 1. Data from Urban Institute; reflects estimated number of enrollees in 2020. 2. Federal match applies to newly eligible population. 3. Cost and savings estimates based on data from Urban Institute; 4. Coverage map based on data from the Office of the Insurance Commissioner (OIC). The map is for illustrative purposes only- the percentages are based off of the OIC's estimated number of uninsured people eligible under the expansion, which differs from Urban Insutute estimates. BUDGET &POLICY CENTER