April 11, 2018

The Economic Impact of Medicaid Expansion in Montana



Expanding Medicaid in Montana generates a significant amount of money for the state economy and this study conducted by the Bureau of Business and Economic Research at the University of Montana used the REMI model to analyze the economic impacts associated with this policy change. The first two years of Medicaid expansion provided over $800 million in healthcare, with the majority of that money unlikely to have been spent in the state without enhanced health coverage. The REMI model found that expanding Medicaid would lead to the creation of approximately 5,000 jobs and increase personal income by $270 million each year. Reduced crime, improved public health, and decreased state debt were also discovered during this analysis of Medicaid expansion, which translates into less burden on public services and increased economic activity in Montana.

Bureau of Business and Economic Research at the University of Montana – The Economic Impact of Medicaid Expansion in Montana [full PDF]

Bureau of Business and Economic Research at the University of Montana – The Economic Impact of Medicaid Expansion in Montana: Updated Findings (Jan. 2019) [full PDF]