|Published:||Aug 24, 2012 3:19 PM EDT|
|Updated:||Aug 24, 2012 3:19 PM EDT|
TALLAHASSEE, Fla. (AP) - State economists have reduced their estimates of what it would cost Florida to expand Medicaid under the federal health care overhaul.
Gov. Rick Scott, an Affordable Care Act opponent, is against the expansion. It eventually would extend Medicaid coverage to about 900,000 more Floridians.
While the overall numbers released Friday are lower, they still show Florida would lose about a dollar in federal funding for every dime of state savings from turning down the expanded program.
The new estimate puts the state savings at about $334 million and lost federal money at $3 billion over the first ten years. The prior forecast was for $467 million in savings and $4.2 billion lost federal money.
The new estimate assumes not everyone eligible would participate in the expanded program.
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