View Article

19
posted on July 19, 2018 13:01

The Department of Health and Welfare has released a new report titled “Financial Impacts from Medicaid Expansion in Idaho,” from
Milliman Inc. The actuarial firm analyzed the cost impact of expanding Medicaid in the event a voter-initiated ballot measure passes. 

The report indicates that Medicaid expansion in a single year (using the second-year costs because it represents the first year of full
implementation) would cost the state about $45 million but will also generate about $40 million in state and local fund offsets. The single year net cost to the state will vary year over year, but the net total 10-year cost estimate from SFY2020-2030 in state funds is $105.1 million, once costs and savings are accounted for. 

The state match to cover medical claims from this new population under Medicaid expansion is 10 percent of the total claim cost. The
federal government will cover 90 percent of the total cost of claims.  

Read the full report here.

 

Media contact:
Niki Forbing-Orr
Public Information Manager
208-334-0668