Of the two dozen states that rejected the Medicaid expansion, Florida will lose out on the most federal health care money for the poor, according to two nonprofit policy research groups that support the Affordable Care Act.
A joint report from the Robert Wood Johnson Foundation and the Urban Institute projects that, over the next 10 years, the state will leave $66.1 billion in Medicaid funding on the table by not approving the expansion included in the Affordable Care Act to cover individuals with income up to 138 percent of the federal poverty level.
That will mean more than 1 million uninsured state residents will not qualify for health care coverage, the report said.
Over the next decade, Florida’s hospitals will miss out on $22.6 billion in federal reimbursements, the report projected. During that 10-year time span, a combined $423.6 billion in federal monies will not flow to the two dozen states that declined the expansion.
For individual states, Texas was second to Florida at $65.6 billion.