In addition to costing taxpayers billions of dollars, think about the many lives that will be lost because these partisan governors decided to take away healthcare from their citizens.
Texas, Florida, Georgia, and other GOP-led states rejecting Obamacare’s Medicaid expansion are costing their residents billions of dollars by making them pay taxes into a system from which they won’t benefit, according to a new study by the Commonwealth Fund.
Obamacare gives states general federal funding to expand their Medicaid programs to all residents making up to 138 percent of the Federal Poverty Level (FPL). According to the study, the funding designated for states accepting the expansion is so substantial that it will be, on average, more than double the amount that states currently receive for transportation funds.
But since Medicaid is financed through general tax revenue, all Americans — irrespective of whether or not they live in a state participating in the expansion — will pay into the system. Consequently, Texas residents will see over $9 billion flow out of their state in 2022 to help fund the expansion in states that accept it; Georgia taxpayers will lose out on nearly $3 billion; and Florida’s rejection of the expansion will cost residents over $5 billion:
CREDIT: THE COMMONWEALTH FUND0