LITTLE ROCK, Ark. (AP) — Arkansas would save $372 million over the next several years if it goes forward with an expansion of Medicaid under the federal health care law after the savings from the law and new state tax revenue are factored in, state officials said Tuesday.
The Arkansas Department of Human Services released the new numbers as Gov. Mike Beebe weighs whether to agree to the expansion. The U.S. Supreme Court last month upheld the health care law, but justices said the federal government could not take away states' existing federal Medicaid dollars if they refused to widen eligibility.
Human Services officials said the cost to the state would be more than offset by the financial benefits it would see under the health care law.
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