States Worry About Rising Costs Of Medicaid Expansion

The Associated Press:
Rising Cost Of Medicaid Expansion Is Unnerving Some States

The cost of expanding Medicaid under President Barack Obama’s health care overhaul is rising faster than expected in many states, causing budget anxieties and political misgivings. Far more people than projected are signing up under the new, more relaxed eligibility requirements, and their health care costs are running higher than anticipated, in part because the new enrollees are apparently sicker than expected. Rising drug prices may also be a factor. (Cassidy, 10/5)