Medicaid Expansion Debate Good for Insurers

By: News Staff Email
By: News Staff Email

April 13, 2014

RICHMOND, Va. (AP) - Some of the biggest health insurance companies in the country are poised to benefit from the debate over expanding Medicaid in Virginia, regardless of its outcome.

If Gov. Terry McAuliffe and the Democratically controlled Virginia Senate prevail and the state expands Medicaid eligibility to about 400,000 low-income residents, the newly insured will be provided private insurance paid for with federal funds.

Insurance companies strongly favor this option.

But even if expansion efforts fail as most Republicans want, private insurance companies will still benefit. That's because the debate over expansion has helped accelerate efforts at routing more of the state's current $8 billion a year Medicaid spending through private insurers.

The comments sections of are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 255079761 -