540 WRGC
By: Heather Hyatt
If North Carolina had expanded, they would be receiving approximately $5 million per day – just in federal funds.
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But beyond the impact on individuals, the state’s health systems also are missing out on some economic stability, according to a new report by the Georgetown University Center for Children and Families.
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Jack Hoadley, co-author of the Georgetown University report, says states that have expanded Medicaid have seen major reductions in the amount of uncompensated care delivered by safety net institutions, significant drops in the number of uninsured residents and budget savings for hospitals and community health centers.
“This is the kind of ripple effect,” he states. “It’s not just the patient now comes in and gets a service, or now comes in and is able to pay for the service as opposed to receiving charity care, but the dollars that are saved – or the dollars that are brought in to these institutions – really are used in ways that really fundamentally change the way care is delivered.”
The report also says health care facilities in Medicaid expansion states also see growth in new programs, such as expanding access to specialists – improving care for all patients.
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