Wednesday, May 26, 2010
Kentucky Medicaid Recipients Could Increase
KENTUCKY...
According to a study released Wednesday by the Kaiser Family Foundation, the number of Kentucky residents with Medicaid coverage could shoot up by nearly 424,000 patients by 2019, with the federal government covering most of the costs of their treatment. If Kentucky aggressively pursues enrolling new Medicaid patients, the percentage of uninsured low-income adults in the state would drop 77 percent. Kentucky stands to get a slightly larger than average share of its Medicaid expansion paid for by the federal government, 95 percent of the costs of covering newly eligible Kentuckians from 2014 to 2019. The study estimates that, if states actively sought to enroll additional Medicaid patients, the uninsured and those making up to 133 percent of the federal poverty level income, the federal government would pay $531 billion of the additional health care cost, with states picking up $43 billion.
According to a study released Wednesday by the Kaiser Family Foundation, the number of Kentucky residents with Medicaid coverage could shoot up by nearly 424,000 patients by 2019, with the federal government covering most of the costs of their treatment. If Kentucky aggressively pursues enrolling new Medicaid patients, the percentage of uninsured low-income adults in the state would drop 77 percent. Kentucky stands to get a slightly larger than average share of its Medicaid expansion paid for by the federal government, 95 percent of the costs of covering newly eligible Kentuckians from 2014 to 2019. The study estimates that, if states actively sought to enroll additional Medicaid patients, the uninsured and those making up to 133 percent of the federal poverty level income, the federal government would pay $531 billion of the additional health care cost, with states picking up $43 billion.