Projected Cost of Health Care Implentation Reduced

AUSTIN, Texas (AP) _ The health and human services commissioner has cut his estimate of what the federal health care law would cost Texas by 42 percent.

Tom Suehs estimated on Thursday that if Texas fully implemented the law, it would cost Texas $15 billion to $16 billion over 10 years. That is down from his original estimate of $26 billion to $27 billion to expand Medicaid.

But Republican Governor Rick Perry has said he will reject any attempt to expand Medicaid in Texas to provide nearly 2 million people with health
insurance.

Suehs, who was updating lawmakers on the Affordable Care Act, says the revised estimate is the result of new information and spending estimates. He says a U.S. Supreme Court ruling makes it difficult to know exactly how much the law would cost.

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Posted by Chace Murphy on Jul 13 2012. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry