FACT CHECK: Gov. Sandoval Says Health Insurance Reform To Cost Nevada $574 Million

 

 

As Governor Brian Sandoval knows, Senator Harry Reid secured Nevada approximately $480 million in additional Medicaid funding as part of the American Recovery and Reinvestment Act and its extension.

 

Furthermore, as part of the expansion, Senator Reid successfully changed the Medicaid federal funding formula to a uniform rate for new populations, which will provide Nevada access to even more Medicaid funding than the previous formula allowed.

 

These two actions alone offset the dollar figure that Governor Sandoval keeps repeating in a misguided attempt to undermine support for health insurance reform. 

 

 

Sandoval knows that the consequences of repealing health insurance reform would be devastating for Nevada.

Repeal of health insurance reform would:

 

•         Raise taxes on 30,000 Nevada small businesses;

 

•         Increase prescription drug costs on 60,000 Nevada seniors by re-opening the Medicare “donut hole”;

 

•         Explode the deficit by $230 million according to the non-partisan Congressional Budget Office;

 

•         Allow insurance companies to come between patients and their doctors, denying coverage once again for children with pre-existing conditions like leukemia.