TALLAHASSEE, Fla. (AP) — Florida economists on Thursday came out with a new price tag for President Barack Obama's health care overhaul that is dramatically lower than the one cited earlier this year by Gov. Rick Scott.
Economists are now projecting that it would cost Florida taxpayers about $5.2 billion over the next decade to pay for the changes.
The total amount includes $3.5 billion to expand Medicaid coverage to nearly 1 million Floridians as well as other requirements under the law. But that expansion plan is in limbo after House Speaker Will Weatherford came out in sharp opposition this week.
State economists also now project that Florida would draw down in excess of $51 billion in federal aid over the next 10 years if the state expanded Medicaid.
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