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Economic and Fiscal Impacts of the Proposed Medicaid Expansion in New Mexico

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/21591

Economic and Fiscal Impacts of the Proposed Medicaid Expansion in New Mexico

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Title: Economic and Fiscal Impacts of the Proposed Medicaid Expansion in New Mexico
Author: Reynis, Lee A.
Subject: Medicaid
Economic impact analysis
New Mexico
Fiscal impact analysis
Government expenditures
Employment
Health insurance
Revenues
Patient Protection and Affordable Care Act
Abstract: Under the Patient Protection and Affordable Care Act enacted in 2010, states were required to expand Medicaid coverage to adults under age 65 with incomes up to 133% of the federal poverty level. New Mexico has not yet implemented an expansion of Medicaid coverage. To assess the effects of Medicaid expansion, this report examined 1) the additional expected flow of federal money to the state, according to both low and high enrollment projection scenarios; 2) the net impacts on state expenditures; 3) the economic impacts on NM, including job creation; and 4) the anticipated impacts on the state’s General Fund. Using IMPLAN Pro 3 and other proprietary data, BBER developed a model to assess the economic and fiscal impacts of expanding Medicaid.
Date: 2012-10-31
Publisher: University of New Mexico, Bureau of Business and Economic Research
URI: http://hdl.handle.net/1928/21591


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