Weak economy leads to spike in Medicaid

WASHINGTON – A record number of Americans signed up for Medicaid last year, as the recession wiped out jobs and workplace health coverage. A report released Thursday by the nonprofit Kaiser Family Foundation found that enrollment in the safety-net medical insurance program jumped to more than 48 million – a record 15.7 percent share of the U.S. population. With the economy barely improving, states are forecasting a 6 percent increase in the rolls next year, meaning another strain on their cash- depleted budgets. The Medicaid numbers are the latest piece to emerge in a grim statistical picture of the recession’s toll. The ranks of the working-age poor climbed to the highest level since the 1960s last year, according to a recent Census report.

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