Providence Business News Web Editor
WASHINGTON — The federal government would pick up the full cost of expanding Medicaid coverage in Rhode Island for five years under a special provision of the Senate Finance Committee’s health care reform bill.
Increasing the number of Americans eligible for Medicaid, the federal health insurance program for the poor, is a key provision of all the various health bills moving through Congress.
The cost of Medicaid is shared by federal and state government, with the split varying based on a formula. In Rhode Island, the federal government has paid around 52 percent of Medicaid costs in recent years. Continue reading