Wed May 28, 2014
Boost In Medicaid Enrollment Means Growing Costs
The Chattanooga Times Free Press reports that’s more than a third of the Tennesseans who signed up for health insurance under the ACA. It’s also a 4.3% increase in Medicaid enrollment overall in the state.
That means rising Medicaid costs for Tennessee: The state covers 30% of Medicaid expenses; the federal government covers 70%.
This fiscal year, the state allocated $3.3 billion for Medicaid costs. The latest state budget estimates show no increased spending for next year.