On the recordMarch 7, 2017
In fact, when we passed the Affordable Care Act, the estimated cost on a family policy was about $1,000 a year on the family policy for uncompensated costs shifted on to the insured public. In fact, in Virginia, it is estimated that approximately $15 a month is paid on everybody with insurance, $15 a month to go to the 400,000 people that would have had insurance if we had expanded Medicaid. So if you have 100 employees, you can just figure you are paying about $1,500 a month extra because we did not expand Medicaid. 400,000 people will go to the hospital, won't pay, and when people with insurance go, they just have to pay a little extra, about $15 a month per person in the Commonwealth of Virginia because of that.
