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Federal Government Will Pick up the Tab for Medicaid Expansion

Posted by Kim Justice at Oct 12, 2012 02:10 PM |
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Beginning in 2014, Washington state has an opportunity to benefit from billions in federal funding, while covering hundreds of thousands more people with health coverage.

For the first three years (2014-16), the federal government will pick up 100 percent of the costs to cover those who gain eligibility under the expansion of Medicaid. Beginning in 2017, the federal contribution begins to gradually taper down until it settles at 90 percent in 2020 and every year after. That means our state will contribute a mere 10 cents for every dollar the federal government pays.

This is a deal Washington state cannot afford to pass up. Doing so would cost our state roughly $10 billion in lost federal funds over seven years (2014-20).

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This is the second post in our series on Why Medicaid Expansion is a Good Idea. To see the full info graphic click here.

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Policy Agenda

We have released Framework for Prosperity, a comprehensive policy agenda for the 2013-2015 biennium. We make specific recommendations for targeted investments that would bring our state closer to providing prosperity for all Washingtonians. We also provide revenue options to help pay for those investments. Click on the image below to download a PDF of the agenda.

 

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Catch the Budget Beat

During the 2013 legislative session we will host regular Budget Beat calls and and podcaBudget Beatsts to bring you updates and breaking news from Olympia, timely policy analysis, and share resources and upcoming community events.

Check out the archive of Budget Beat calls and podcasts. 

Join the Budget Beat calls every other Friday at noon!  

Budget Matters 2012

Our first annual policy conference was a great success! More than 300 people came together to hear from policy makers, national and state policy experts, and community leaders from around the state. Our special lunch speaker was Van Jones.

Van jones at Budget Matters 

Here are some of the PowerPoint presentations from the break-out panels.

-The Affordable Care Act: Maximizing the Opportunities

-Building a Prosperity Economy in Washington State

-Building a 21st Century Revenue System

-Effective Messaging Strategies

For pictures and more information, check out our event page.