Increasing Medicaid eligibility under ACA would boost Alabama economy
AHA News Now
Oct 10, 2013
Alabama would create between 24,600 and 51,900 new jobs and $2.8 billion to $5.9 billion in new business activity annually through 2020 by choosing to cover between 234,455 and 494,629 low-income uninsured adults under the Patient Protection and Affordable Care Act, according to a report released yesterday by the Alabama Hospital Association. Prepared by researchers at the University of Alabama’s Center for Business and Economic Research, the report builds on a 2012 study by researchers at the University of Alabama at Birmingham’s School of Public Health by providing industry-level economic impact information, including jobs by industry. “We understand the Governor’s desire to explore options that best fit Alabama, but we are also hopeful that as the efforts to reform the system continue to progress, this report, coupled with the UAB study, will be helpful in underscoring not only the potential for additional insurance coverage for many working Alabama adults, but also the tremendous number of jobs that would be created that could significantly boost the state’s economy,” said AlaHA President Michael Horsley.