Friday, July 13, 2012

Will state Medicaid expansion lead to tax increases?

While the debate continues over the scope of the tax increases in the federal health care law, a state level tax could be in store for Washingtonians if lawmakers decide to expand Medicaid under the new discretion granted by the recent Supreme Court ruling. A recent Urban Institute report commissioned by the Office of Financial Management estimated the "state share of spending" for Medicaid under the federal law (including the expansion) would grow from $2.66 billion in 2013 to $3.81 billion in 2019 - an increase of $1.15 billion or a 43% increase . . . READ MORE


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