Click here for our full handout on why Oklahoma must reject Medicaid expansion.
1. Medicaid expansion costs more than expected
Other states’ experiments with Medicaid expansion have consistently busted their budgets. Expansion states signed up 6 million more able-bodied adults than what was projected by state officials, resulting in massive cost overruns in each state. In all, Obamacare Medicaid expansion has cost taxpayers 157 percent more than expected.
2. Oklahoma’s Medicaid program has already expanded
Since 1997, Oklahoma’s enrollment has risen by 132 percent while our state’s general population has only grown by 17 percent according to data from the U.S. Census Bureau. During that same time, Oklahoma’s annual share of Medicaid costs increased by 329 percent from $536 million to $2.3 billion.
According to a report commissioned by the Oklahoma Health Care Authority, 628,000 able-bodied, working-age adults would be eligible for Medicaid if Oklahoma expanded its Medicaid program under Obamacare (See Leavitt Report, Alternatives Report, pg. 57). Taking into account total eligibility and average costs of per-person expansion enrollees ($5,965 according to the Centers for Medicare and Medicaid Services), Oklahoma taxpayers could be on the hook for as much as $374 million annually.
3. Expanding Medicaid hurts those it is meant for
Expanding Medicaid in Oklahoma could divert state resources away from Oklahoma’s traditional Medicaid population—children, pregnant women, the elderly, and the disabled—and instead favor the newly eligible population of 628,000 able-bodied, working-age adults. It would also increase state costs and force lawmakers to either raise taxes, take away resources reserved for more needy Medicaid beneficiaries, or slash funding for priorities like education, transportation, and public safety.