Back in July, the Heritage Foundation published a report on the effect the new health care law will have on the states. One of those effects was a massive expansion of Medicaid.
What does this mean for Kentucky?
According to the report, enrollment for Kentucky’s Medicaid/CHIP program is expected to grow by 31.4% under the new law. An increase of that magnitude will force taxpayers to pay substantial extra costs.
So how much money are we talking about?
The report estimates the total cost for Kentucky at a whooping $507.7 million.
Take a moment to let that sink in.
People voted for change. Little did they know that change would come out of their pockets.