The Affordable Care Act will push added costs to already strapped States and will ultimately require tax increases at the State level. The overall cost to implement health reform in Mississippi is $1.7 billion over 10 years. From fiscal years 2014 to 2020, this dramatic increase in enrollment will cost our taxpayers an extra $225 million to $250 million a year. Approximately 400,000 new individuals will be added to our Medicaid rolls because of the expansion, meaning one in three Mississippians will be on Medicaid. More money devoted to Medicaid means less funding for other necessary State services and added financial burdens on our taxpayers in Mississippi, as well as the rest of the taxpayers of this Nation that will further stifle job creation. So because of that, I will proudly vote to repeal this law.
Editor's note · Context
Nunnelee discusses the financial impact of the Affordable Care Act on Mississippi's budget and Medicaid.
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