Wednesday, March 12, 2014
Accepting federal funds under President Obama's Patient Protection and Affordable Care Act would create jobs, fuel Maine's economy and provide health care coverage to as many as 69,500 Mainers, according to a new report.
The report, "Federal Health Care Funding Makes Dollars and Sense for Maine," was released Tuesday by Maine Equal Justice Partners and the Maine Center for Economic Policy.
Under a provision of the ACA, if a state increases Medicaid eligibility, the federal government would pay 100 percent of additional Medicaid costs for the first three years.
Gov. Paul LePage signaled Monday that he's open to participating in the federal health care law's Medicaid expansion program, but will seek the "best deal for Mainers." Republicans nationally have been urged to reject Medicaid expansion because it's part of Obama's federal health care reform plan, but several Republican governors who previously opposed the plan have since said they will accept Medicaid expansion funds.
"Accepting these funds is a bargain Maine cannot afford to pass up," said Garrett Martin, executive director of the Maine Center for Economic Policy.