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UF Study: Medicaid Expansion = 122,000 Jobs

The Legislature's decision on whether to accept billions of federal Medicaid dollars to cover about 1 million of this state's uninsured could have a major impact on the economy, a team of University of Florida economics professors say.

Their study, released Friday by the Florida Hospital Association, forecast that the expansion -- which would trigger an estimated $51 billion in federal funds to the state over 10 years -- could generate almost 122,000 permanent jobs.

It would also bring in more than $540 million a year in tax revenue for local and state governments, according to the study, "Economic Impacts of Extending Health Care Coverage in Florida."

Co-author Alan Hodges, director of the UF program in Economic Impact Analysis, explained the results in a video of the FHA's press conference.

Also, alink to the study is on the FHA website.

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.