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Tuesday, November 27, 2012

Medicaid expansion could cost Colorado $858 million over 10 years

The state's share of costs for expanding Medicaid rolls under federal health-care reform could be $858 million over 10 years, according to new estimates from the Kaiser Family Foundation. The analysts still consider the price a bargain for Colorado and other states that want to bring health insurance to hundreds of thousands of low-income residents. The federal government will pay 100 percent of the added price in the first few years, and bringing people under Medicaid will slow cost-shifting to private insurance and public clinics, they said.

Read the full article by Michael Booth, The Denver Post.