Colorado Capitol Building

Assessing the Economic and Budgetary Impact of Medicaid Expansion in Colorado: FY 2015-16 through FY 2034-35

Publication Date
Medicaid Expansion Graphic Thumb

This independent analysis measures the impact of Medicaid expansion on Colorado’s economy – jobs, household earnings, economic activity – and state budget. Findings reveal that in the two years since implementation, Medicaid expansion in Colorado has added 31,074 jobs, increased economic activity by $3.8 billion and raised average annual household earnings by $643. Projections out to fiscal year 2034-35 show the significant and positive effect of expansion on Colorado’s economy will continue. Learn how Medicaid is impacting the state’s economy:

 

Dozens of Colorado communities have felt real and substantial impacts from the economic activity sparked by Medicaid expansion. Across the state, a healthier Colorado economy is rising on a foundation of community health spending.