The Pennsylvania House Democratic Policy Committee will hold a hearing on Medicaid expansion in the state this Thursday, August 1 in Philadelphia.
The hearing, which will begin at 10:00 a.m., will be held at the Independence Center’s Liberty View Ballroom, at 6th and Market Streets.
In a letter to the leaders of the two legislative appropriations committees, Pennsylvania Department of Public Welfare Acting Secretary Beverly Mackereth has questioned whether the state can rely on the continued availability of certain key parts of funding Medicaid expansion in the commonwealth.
In particular, Secretary Mackereth questioned whether Pennsylvania would be able to continue levying its gross receipts tax on managed care organizations, which is expected to produce $1.5 billion in revenue to use for Medicaid over the next seven years.
Pennsylvania also has a number of potential Medicaid deferrals and allowances under consideration by the federal government that could result in the state receiving less federal Medicaid matching money.
Read Secretary Mackereth’s letter to legislative leaders, and a press release that accompanies that letter, here on the web site of PR Newswire.
Expanding Medicaid eligibility as envisioned in the Affordable Care Act would boost the state’s economy and save state government money, according to a new study.
In the report “Economic and Fiscal Impact of Medicaid Expansion in Pennsylvania,” the Pennsylvania Economy League and the PA Health Funders Collaborative concluded that Medicaid expansion in the state would generate $4.4 billion in state government savings, bring $32 billion of new federal government money into the state’s economy, support as many as 40,000 new jobs and $3.6 billion in new tax revenue, and have a positive fiscal impact of more than $5 billion.
The Safety-Net Association of Pennsylvania supports Medicaid expansion in the state.
Read the entire report here, on the web site of the Pennsylvania Economy League.