Healthcare
4:00 pm
Wed May 28, 2014

Boost In Medicaid Enrollment Means Growing Costs

Credit http://www.autismspeaks.org/sites/default/files/images/government_affairs/medicaid-logo.jpg

More than 53,700 Tennesseans who signed up for health insurance under the Affordable Care Act enrolled in Medicaid (Tennessee's Medicaid program is TennCare).

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.