Medicaid Expansion Job Forecast
According to data from the Bureau of Labor Statistics, healthcare and social assistance jobs grew over 30% faster between December 2013 and December 2014 for 24 states that implemented ACA expansion on Jan. 1, 2014 than those that did not.
Page 23, Northern Economics Report, Fiscal and Economic Impacts of Medicaid
The adjacent figure shows the projected annual job growth under the different scenarios associated with Medicaid expansion. By 2020, it is projected that between about 2,600 (Low Participation) and 4,500 (High Participation) jobs could be generated if the State opts to expand Medicaid eligibility. These estimates are in addition to the potential 1,400 jobs that would be associated with the Woodwork Effect. While many of the jobs would be in the health care sector, new jobs will also be created in other sectors, such as retail and transportation.
Mid, Low and High Participation reflect the effectiveness of outreach and enrollment efforts and their effect on the number of enrollees. Read full report here.