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Projected Regional Economic Impact of Medicaid Expansion in 2016 A 2013 RAND report provided a broad economic analysis of the economic impact of expanding.

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Presentation on theme: "Projected Regional Economic Impact of Medicaid Expansion in 2016 A 2013 RAND report provided a broad economic analysis of the economic impact of expanding."— Presentation transcript:

1 Projected Regional Economic Impact of Medicaid Expansion in 2016 A 2013 RAND report provided a broad economic analysis of the economic impact of expanding Medicaid in Pennsylvania. Projections for 2016 outlined in that report are understated as compared to true implementation of the policy. A New Commonwealth Fund study estimates the loss of more than 137,000 private sector jobs in PA if the ACA is repealed without adequate replacement. STATEWIDE Effect on PA Gross Domestic Product $3.55 Billion Effect on Employment 39,200 jobs Northeast $253 million 2,600 jobs Northwest $256 million 2,500 jobs North Central $185 million 1,700 jobs Allentown/Reading $297 million 3,000 jobs Southwest $704 million 8,600 jobs South Central $371 million 4,100 jobs Southeast $1.350 billion 15,600 jobs Altoona/Johnstown $131 million 1,200 jobs ©The Hospital and Healthsystem Association of Pennsylvania, Research Report prepared by RAND Health, “The Economic Impact of Medicaid Expansion in Pennsylvania,” March 2013


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