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Medicaid Expansion as Economic Stimulus: Impact on Florida’s Economy

9/21/2020

 
By foregoing Medicaid expansion under the Affordable Care Act, Florida has turned away billions of dollars in federal spending and prevented hundreds of thousands of low-income adults from accessing health insurance through the Medicaid program. COVID-19 has made the situation worse, as the accompanying recession has cost millions of Floridians their jobs, and for many, their health insurance. If the state reversed course and expanded Medicaid, it would not only extend health insurance to low-income adults, it would also bring in billions in new federal dollars that could help stimulate local economies throughout the state, particularly in South Florida. This brief examines the potential economic benefits that would result if Florida adopted Medicaid expansion as 38 other states have now done. We estimate that it could generate as much as $7.3 billion in economic activity in one year statewide. Miami-Dade and Broward Counties could experience up to 1.7 billion in new activity.

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The Florida Health Justice Project, a nonprofit organization, recognizes that access to quality and affordable health care is a human right and engages in comprehensive advocacy to expand healthcare access and promote health equity for vulnerable Floridians.
A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE WITHIN THE STATE AT 1-800-435-7352 .  IT CAN ALSO BE FOUND AT WWW.800HELPFLA.COM.  REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATIONS BY THE STATE.
  • Our Work
    • 2023 End of Continuous Medicaid
    • ACA, Medicaid and Medicare Defense
    • Care for Uninsured
    • Connecting Kids to Coverage
    • COVID-19 >
      • COVID-19 Resources & Publications
      • COVID-19 Dashboard
    • Elder Health
    • Immigrant Health
    • LGBTQ+ Health
    • Litigation
    • Maternal Health
    • Medicaid Expansion
    • Resources >
      • Recursos en Español
  • STORIES Project
  • Publications
  • About
    • Our Approach
    • Team
    • Board of Directors
    • Advisory Board
  • Contact
  • Donate