Disclaimer: Since Medicaid rules and insurance regulations are updated regularly, past blog posts may not present the most accurate or relevant data. Please contact our office for up-to-date information, strategies, and guidance.
According to a new report, Florida could save up to $200 million in one year by expanding their Medicaid program. Florida receives a 61% federal match for the amount they spend on Medicaid, but, with the expansion, this match could go up to 90% which means for every $1 the state invests they will get $9 from the government.
Studies have shown that the expansion increases resident’s access to care, improves health and less debt. The groups that would see the greatest benefit would be medically needy, pregnant women and adults with disabilities.
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