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6,558 in $1.85 FEDERAL FUNDS 3,803gov.louisiana.gov/assets/docs/Expansion/House/HD103-EXPANSION.pdf · 6,558 ENROLLED in HOUSE DISTRICT 103 19,195 JOBS CREATED $1.85BILLION FEDERAL

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Page 1: 6,558 in $1.85 FEDERAL FUNDS 3,803gov.louisiana.gov/assets/docs/Expansion/House/HD103-EXPANSION.pdf · 6,558 ENROLLED in HOUSE DISTRICT 103 19,195 JOBS CREATED $1.85BILLION FEDERAL

3,803

2,755

6,558 ENROLLEDin HOUSE DISTRICT 103

19,195JOBS CREATED

$1.85BILLIONFEDERAL FUNDS

Sum of business transactions ($3.48B), state tax receipts ($103M)and local tax receipts ($74.6M)

$3.57BILLIONECONOMIC ACTIVITY$317MILLION

SAVINGSPrior to expanding Medicaid, Louisiana was spending approximately 40 cents on the dollar for uninsured care. Under expansion, those costs are capped at 10 cents on the dollar. This combined with added tax revenue from providers contributed to an overall cost savings to the state.