WASHINGTON (AP) — A new report says states can receive more than $9 in federal money for every dollar they spend to cover low-income residents under President Barack Obama's health care law.
Expanding Medicaid to cover about 20 million more low-income people will cost a total of more than $1 trillion from 2013 to 2022, the report estimates. But states will pay just $76 billion of that, or roughly 7 percent of the cost.
Two nonpartisan groups, the Kaiser Family Foundation and the Urban Institute, collaborated on the new analysis.
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