This policy research brief finds that the Medicaid expansions currently under Congressional consideration as part of health reform legislation would not only improve the health and well-being of previously uninsured individuals and families but also would generate significant economic returns in new business activities, jobs, salaries and wages. The report concludes that a $10 million investment by each state in Medicaid would generate, on average, 247 jobs in addition to $29.1 million in business activity. Every dollar invested in Medicaid helps generate two to six dollars in new business activities.
The report was authored by Peter Shin, Leighton Ku, D. Richard Mauery, Brad Finnegan and Sara Rosenbaum.