Hassan signs Medicaid expansion bill to keep 50K covered
CONCORD – Gov. Maggie Hassan on Tuesday signed into law a Medicaid expansion plan that allows nearly 50,000 New Hampshire residents to keep their health care for another two years.
Medicaid expansion, made possible through President Barack Obama’s health care overhaul law, subsidizes health care for people making up to 138 percent of the federal poverty line, or roughly $16,000.
New Hampshire’s version of the plan uses federal dollars to put people on private insurance plans. It would have ended this year without a legislative vote to reauthorize it. The next two-year renewal now goes into effect.
Hassan called establishing the program “the most significant piece of health care legislation that the state of New Hampshire had seen in decades.”
She said the expansion “is strengthening the health and financial security of our citizens, and we know that reauthorization is also critical to our businesses, to our economy and to the ongoing battle with substance misuse.”
Hassan said hospitals are continuing to see a reduction in inpatient, outpatient and emergency department visits from uninsured residents, and uncompensated care continues to decline.