Massachusetts has achieved near universal health care coverage with only modest additional costs to state taxpayers, according to a new study released today by the Massachusetts Taxpayers Foundation (MTF).The report, Massachusetts Health Reform Spending, 2006-2011: An Update on the “Budget Buster” Myth, found that state spending directly attributable to the health reform law grew from $1.04 billion in fiscal 2006 to $1.95 billion in fiscal 2011. The state’s share after accounting for federal reimbursements was $453 million, which equates to only 1.4 percent of the state’s $32 billion budget in fiscal 2011.
April 13, 2012
HEALTH CARE
Massachusetts Health Reform Spending, 2006-2011: An Update on the “Budget Buster” Myth
Massachusetts has achieved near universal health care coverage with only modest additional costs to state taxpayers, according to a new study released today by the Massachusetts Taxpayers Foundation (MTF).The report, Massachusetts Health Reform Spending, 2006-2011: An Update on the “Budget Buster” Myth, found that state spending directly attributable to the health reform law grew from $1.04 billion in fiscal 2006 to $1.95 billion in fiscal 2011. The state’s share after accounting for federal reimbursements was $453 million, which equates to only 1.4 percent of the state’s $32 billion budget in fiscal 2011.