TOLEDO, Ohio (AP) — Ohio stands to make $1.4 billion over the next decade by expanding Medicaid under the Affordable Care Act, but the savings would eventually drop and just about break even as the state's costs increase, according to a study released Tuesday.
The findings released by the Health Policy Institute of Ohio, a nonpartisan policy organization, comes just weeks before Ohio Gov. John Kasich is to announce whether Ohio will expand Medicaid and its health care services for poor and disabled people.
Under the federal health care law, states have the option to expand Medicaid. Ohio officials are weighing the long-term impact and potential costs of expanding Medicaid against the possible savings.
The institute's report found nearly a half-million uninsured Ohioans would get coverage by 2022, at which point the payments by the federal government would have tapered down.
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