Data Shows Medicaid Expansion is Good for Business

Courtesy In 2015, I led the effort to pass Medicaid expansion in Montana because our state needed a new path forward. As a business owner, I know how expensive healthcare is for businesses and how important it is to have healthy employees. At the time, I also served on the board of my local hospital and knew the challenges of providing healthcare to people without insurance. Montana’s hospitals were awash in uncompensated costs. The results of Medicaid expansion have exceeded my expectations. I hear stories about how it helps people. To me, data is king, and study after study shows an incredible return on investment. Ultimately, Medicaid expansion became the largest, most focused, and most successful economic development plan in Montana’s history. Wyoming has the opportunity to see the results Montana has seen. Let’s dig into the numbers. Since its passage, Montana has seen an increase in workforce participation between 6 and 9% within the expansion population. Healthy people show up to work consistently, get and keep better-paying jobs, and are less reliant on government programs. Montana’s expansion enrollees only stay in the program for an average of 2.1 years because the health benefits and the cost savings improve […]

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