TALKING POINTS ON MEDICAID EXPANSION
The LWV supports Medicaid Expansion as a practical and highly effective means of addressing poor health outcomes and marked health inequities in Missouri with no added cost to the state.
Currently, the federal government pays 63.4 percent of the annual $10 billion cost of Medicaid in Missouri. With expansion, the federal government would pay 90 percent and Missouri's share would go from 36.6 percent to 10 percent.
Expansion would create an annual cost savings of about $39 million. By not expanding Medicaid, Missouri has turned away $15.5 billion dollars since 2014.
Medicaid is a lifeline that keeps millions living above the poverty threshold. The goal of Medicaid expansion is to bring access to health care and greater economic security for low-income households. Having a source to help with health care expenses is critical to maintaining a healthy and productive life.
- Making health-care affordable
- Reducing financial strain
- Protecting against catastrophic medical cost and medical debt
Medicaid Expansion will bring to Missouri the following:
- Access to health insurance and health care to more than 230,000 additional people
- Reduction in the number of low-income individuals and families with medical debt
- Reduction of risk of hospital closure
- Thousands of new jobs supporting health care
- Nearly $2 billion dollars a year in economic activity
- Families will be able to balance costs for health with other necessities
COSTS TO STATES WHO HAVE EXPANDED MEDICAID HAVE NOT INCREASED. OTHER STATES ARE VERY SATISFIED WITH THEIR DECISION TO EXPAND MEDICAID.
League volunteers gathered thousands of signatures on the petition to put Medicaid Expansion on the 2020 ballot. We will continue to work with Missouri Health Care for All and other coalition partners in the coming months.