Mississippi hospital officials say marketplace insurance helps, but not as much as Medicaid

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Marketplace vs. Medicaid expansion: 'The bottom line is Medicaid reimburses at a higher rate.'

Mississippi hospital officials say marketplace insurance helps, but not as much as Medicaid by Bobby Harrison, Mississippi Today April 11, 2024 Mississippi Senate leaders point to one component of the federal Affordable Care Act health care law as a reason not to expand Medicaid to provide health care coverage to the working poor. The Senate has passed legislation to allow only those earning less than 100% of the federal poverty level and who are working to be covered by Medicaid.

Negotiations begin: Where do House, Senate, governor stand on Medicaid expansion? Is there room for compromise? Chaney said there are about 140,000 Mississippians between 100% and 138% of the federal poverty level who have insurance through the marketplace. Under the federal law, if those people are eligible for Medicaid expansion, through an expansion in their state, they no longer would receive the federal help with the private insurance option.

Speaker White on Medicaid expansion negotiations: ‘Come for the savings, stay for the compassion’ The federal government pays 90% of the health care costs for Medicaid expansion. But the federal government would not recognize the Senate plan as Medicaid expansion and thus would pay only 77% of the costs, thus costing the state more to cover fewer people, according to various studies.

Source: Insurance Report (insurancereport.net)

 

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