Gov. Jay Nixon's administration is bolstering his plan to expand Missouri's Medicaid program with an analysis estimating that it could save the state money in the near future.
Figures released this past week by Nixon's budget office show Missouri could see a nearly $47 million increase in general revenues during the first year of the Medicaid expansion in 2014. That boost in state revenues would grow to nearly $140 million in 2016 before beginning to decline.
Missouri House Speaker Tim Jones (R, Eureka) has been touring the state this week, promoting the so-called three “E’s” that House Republicans say they’ll focus on next year – the economy, energy, and education – but their agenda still likely won't include a fourth “E," expansion of Medicaid.
Jones told a group of reporters in Jefferson City today that House budget writers start off every year looking for $150-$200 million for the state’s Medicaid needs.