Florida slashes estimated cost of Medicaid expansion to $3 billion
TALLAHASSEE, Florida (Reuters) – In a dramatic about-face, Florida’s health agency now says the cost to state taxpayers of expanding Medicaid under President Barack Obama’s healthcare reform law would be barely more than a tenth of its original estimate. Governor Rick Scott, a Republican who had fought hard against the reform law known as Obamacare, had complained on Monday that the optional expansion of Medicaid under Obamacare would cost Florida taxpayers $26 billion over the next decade, using the original estimate by the state’s Agency for Health Care Administration. …