Expanding Medicaid would cripple Virginia, according to new research that says the state would be better served by moving low-income residents into health-insurance exchanges.
“There are about 1.7 million individuals living in Virginia with incomes under 139 percent of the federal poverty level, although only about 486,000 of them lack health coverage,” said the study by the National Center for Policy Analysis.
According to the report cited by Watchdog.org, “Uninsured Virginians earning just above the poverty level can enroll in private coverage superior to what they would get from Medicaid. Freeing them to seek private insurance will result in better quality and access to care, while expanding Medicaid will impose heavy costs on Virginia taxpayers."
Relying on projections from the liberal Commonwealth Institute for Fiscal Analysis, McAuliffe says Medicaid expansion would yield a net savings of more than $500 million annually.
Republicans have blasted McAuliffe’s position and his math.
“Terry McAuliffe wants to paint himself as a bipartisan problem solver, but he’s already drawing red lines and threatening Washington-style government shutdowns here in Virginia,” House Speaker Bill Howell, R-Falmouth, told the Washington Post.