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Medicaid expansion pays for itself in Montana


News Staff - March 12, 2018

HELENA, MT – Since Montana expanded Medicaid in 2016 under the Affordable Care Act, state economists report more jobs and a bigger economy.

A University of Montana economist told the Montana legislature that Medicaid expansion in the state is paying for itself. The hundreds of millions of federal tax dollars that Medicaid expansion is bringing to Montana have added thousands of jobs and significantly boosted the state’s economy.  It’s enough of a boost to pay for Montana’s share of the jointly-funded health program.

The new report by Economist Bryce Ward with the UM’s Bureau of Business and Economic Research was presented in summary for a legislative oversight committee last week. Total fiscal impacts include  $57.8 million more in the Montana state budget in 2017. Even in 2020, when the state share of Medicaid expansion rises to 10%, Montana still comes out ahead $16.8 million.

According to Ward, the study supports data that shows around 5,000 new jobs have been created through the Medicaid expansion under the Affordable are Act and generated approximately $280 million in personal income, annually.



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