Kentucky Gov. Steve Beshear (D) is assured that his state can fund Medicaid expansion, according to an Associated Press report.
As evidence, Gov. Beshear cited a $450 million jump in hospital Medicaid revenues and more than 5,000 new health services jobs that Kentucky has added during the first year the state embraced the Patient Protection and Affordable Care Act, according to the report.
During the first several years of the expansion, the federal government is picking up the entire tab for new enrollees, but that will change in 2017, when taxpayers begin to help fund it, according to the report. The report states that nearly 500,000 new people have gained coverage through Kentucky's Medicaid expansion program.
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