Obamacare a good deal for states

November 30, 2012   // 0 Comments

Washington (AP)— A new report says states can receive more than $9 in federal money for every dollar they spend to cover low-income residents under President Barack Obama’s health care law. Expanding Medicaid to cover about 20 million more low-income people will cost a total of more than $1 trillion from 2013 to 2022, the report estimates. But states will pay just $76 billion of that, or rough...

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