Yesterday the state Department of Health and Human Services released information on the affordability, or lack thereof, of LB 887, ObamaCare Medicaid expansion.
“The Medicaid program is already the single largest program in state government and one of the fastest growing programs in the state budget,” DHHS Director Kerry Winterer said. “LB 887 is Medicaid expansion at a very high cost.”
Winterer said an analysis by Milliman, an independent third party actuarial firm, shows the total cost of LB 887 in state and federal funds through 2020 is nearly $3.4 billion. This is in addition to the costs of the current Medicaid program.
The Milliman report is on the DHHS website at www.dhhs.ne.gov/medicaid.
DHHS press release on the matter.