The non-partisan report finds Ohio stands to make $1.4 billion in savings and create over 30-thousand jobs over the next decade while providing nearly 500-thousand additional Ohioans with health coverage.
Co-chair of Advocates for Ohio’s Future, Mark Davis, says it’s a win for the state, a win for local governments and a win for Ohioans.
The report found savings to the state would come mainly by shifting existing costs to the federal government. Davis says there are a number of ways in which it can bring in additional revenue.
The report found that by reducing the number of uninsured, an expansion would increase Ohio employment and earnings, improve county finances, and lower health care costs for Ohio’s employers and residents. The study was conducted by the Health Policy Institute of Ohio, the Urban Institute and Ohio State University.
Governor Kasich is expected to announce his decision on a possible Medicaid expansion when he releases the two-year state budget due at the beginning of February.
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