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Data released quantifying benefits of Medicaid expansion

October 24, 2018 by Editor

The Montana Budget and Policy Center (MBPC) has released county and regional data highlighting the critical role Medicaid expansion has played in Montana.

“Medicaid expansion represents a significant economic driver in the Northwest region of the state, providing health care coverage to over 33,172 Montanans in the area and bringing in over $1 billion in federal funds to the state. When individuals gain health coverage, they can access preventative care and other health services they need, experience improved health outcomes, and can better afford basic necessities,” said Heather O’Loughlin, co-director of the Montana Budget and Policy Center. 

In 2015, Montana passed the bipartisan HELP Act providing access to Medicaid for adults living on incomes below 138% of the federal poverty line (for a single individual with annual income below $16,750). Since 2015, more than 96,000 Montanans have gained access to health coverage, and Montana has experienced state savings and significant economic impact in local communities. 

As of September, 4,160 Ravalli county residents are enrolled in Medicaid expansion. Of those: 

• 90.12% are living below the poverty line; 

• 26.71% are over the age of 50; and 

• 2.12% are American Indian. 

In the Northwest region of Montana (Flathead, Granite, Lake, Lincoln, Mineral, Missoula, Powell, Ravalli, and Sanders Counties), 33,172 have enrolled. Medicaid expansion has been beneficial by creating jobs and boosting income and economic growth. In 2018, Medicaid expansion is projected to create 1,920 new jobs and bring in $89 million in personal income in the Northwest region alone. 

“Medicaid expansion has a significant economic impact to our state. It helps our rural hospitals keep their doors open and even expand services. Individuals get care earlier which keeps them healthier and brings down health care costs for all of us,” said O’Loughlin. “Expansion has also brought in new jobs and infused more than $500 million into Montana’s economy.” 

The report also highlights statewide impact including: 

• Over 96,000 Montanans enrolled 

• 300,000 preventative services provided 

• $58 million savings to the state general fund 

• $1.3 billion in federal dollars injected into the state 

The Montana Budget and Policy Center is a nonprofit organization providing in-depth research and analysis on budget, tax, and economic issues. Its core focus is publishing credible, timely, and easy-to-understand reports on the fiscal policies that most impact low- and moderate-income Montanans.

To learn more about MBPC, visit the website www.montanabudget.org.

Filed Under: News

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