Tuesday, July 26, 2016

Just How Much Do Those Newly Covered PPACA Enrollees Cost?

From Devon Herrick at NCPA:
Obamacare enrollees are about 22 percent more costly than people covered through employer plans. ...
But at least Medicaid expansion is cheap. Right? No, not really. As recently as fiscal year 2011, Medicaid covered adults cost $3,247 per individual while children cost only $2,463. However, a new report from the U.S. Department of Health and Human Services found Medicaid expansion enrollees are 50 percent more expensive than originally projected. New Medicaid expansion enrollees’ costs were $6,366 in 2015.