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Medicaid expansion cheaper than feared

Adding low-income adults earning near-poverty incomes to Medicaid, under the Patient Protection and Affordable Care Act, would cost states about $46 billion over a decade.

By Alex Wayne | Updated on April 24, 2014
State Sen. Ben Nevers, D-Bogalusa, talks about his Medicaid expansion bill at a rally on Wednesday, April 23, 2014, in Baton Rouge, La. (AP Photo/Melinda Deslatte)

April 24 (Bloomberg) — Expanding Medicaid, the health program for low-income people, would cost states about a third less than an estimate earlier this year by the Congressional Budget Office, a Washington-based research group calculated.

Adding low-income adults earning near-poverty incomes to Medicaid, under the Patient Protection and Affordable Care Act, would cost states about $46 billion over a decade, the Center on Budget and Policy Priorities said in a report yesterday based on data from the CBO. In February, the CBO said the expansion would cost states $70 billion.

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