Christie’s decision to expand Medicaid would cover 300,000 uninsured New Jersey residents. Advocates have been encouraging to make this decision for weeks.
For the first 3 years, the expansion shifts 100% of the costs to the federal government for newly enrolled individuals and that percentage will gradually decrease to 90%. New Jersey will get $1.7 billion in federal funding to cover the costs.
‘The decision to accept federal funds to expand health coverage will not only help balance the state budget; it will save lives,’ Dena Mottola Jaborska of New Jersey Citizen Action said.
‘Who will benefit? Hard working people in food service, day care, construction and more who do not earn enough to buy health insurance, victims of Hurricane Sandy who have lost their jobs, college graduates who have been unable to find full-time work, and seniors who’ve retire early and are not yet eligible for Medicare,’ she added.”