Expanding Medicaid through President Obama’s healthcare law hinders economic growth and costs jobs, according to a study from the American Action Forum released on Thursday.
The finding runs counter to the argument that the Medicaid expansion is an economic stimulus, one that many supporters of the law’s expansion have been making to convince states to participate in it.
“[W]e find that Medicaid expansion, if adopted by all states, would result in a direct net loss of up to $174 billion in economic growth nationwide over ten years, and would result in the loss of over 206,000 full-year-equivalent jobs for the years 2014 to 2017,” wrote economist Robert A. Book, the report’s author.
Read the rest of the story at the Washington Examiner.