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Robert Oliver, Clearwater Professional, Explains Benefits of Medicaid Expansion
Date:6/24/2013

Clearwater, Florida (PRWEB) June 24, 2013

As the owner of a company that deals with Medicaid eligibility, Robert Oliver Clearwater professional, stays abreast of new developments. Expanding Medicaid could provide valuable benefits for Florida residents and businesses. A recent article posted on Bloomberg discusses the possibility of Medicaid expansion and what it would mean for the state of Florida.

When it came time to vote on a proposal that would extend Medicaid coverage to low-income residents without sufficient health care, Florida lawmakers could not come to an agreement. Business leaders were in strong support of this portion of President Barack Obama’s federal healthcare law. The Associated Industries of Florida, the Florida Chamber of Commerce, and Republican Governor Rick Scott backed it as well. They will have to wait until next year to push for it again.

The law would allow the state “to expand Medicaid by raising income eligibility limits to 138 percent of the 2013 poverty level, or those making as much as $32,499 for a family of four.” The state would receive approximately $51 billion in federal funding to accomplish this, and the government would cover all costs for the first four years. By 2020 the funding would decrease to around 90 percent.

The law would have a big impact on businesses. It would require those companies with more than 50 full-time employees to provide health insurance to those who work more than 30 hours a week. An expansion in Medicaid would allow those working in tourism, hospitality and agriculture to receive benefits as well. These industries frequently have many low-paid emplo
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