Another GOP Holdout State Expands Medicaid Under Obamacare

 

The Obama administration announced this afternoon that Pennsylvania will expand Medicaid under the Affordable Care Act, bringing another half million Americans health care coverage under the law.

Pennsylvania Gov. Tom Corbett, a Republican in a tough race to be re-elected, reached a compromise with the Obama administration to allow the state to expand Medicaid through managed-care organizations. The deal should be a boost to private health insurance companies in the Medicaid business like Aetna AET +1% (AET), UnitedHealth Group UNH -0.05% (UNH), Humana HUM +0.25% (HUM), Molina (MOH) and Centene (CNC).

Read more by clicking on the following:  http://www.forbes.com/sites/brucejapsen/2014/08/28/another-gop-holdout-state-expands-medicaid-under-obamacare/