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7,578 in $1.85 FEDERAL FUNDS 4,868 - gov.louisiana.gov

Oct 04, 2021

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Page 1: 7,578 in $1.85 FEDERAL FUNDS 4,868 - gov.louisiana.gov

4,868

2,710

7,578 ENROLLEDin HOUSE DISTRICT 72

19,195JOBS CREATED

$1.85BILLIONFEDERAL FUNDS

Sum of business transactions ($3.48B), state tax receipts ($103M)and local tax receipts ($74.6M)

$3.57BILLIONECONOMIC ACTIVITY$317MILLION

SAVINGSPrior to expanding Medicaid, Louisiana was spending approximately 40 cents on the dollar for uninsured care. Under expansion, those costs are capped at 10 cents on the dollar. This combined with added tax revenue from providers contributed to an overall cost savings to the state.