Details for RCGA TRADE - Ad from 2020-08-02

Medicaid Expansion Is

Good For Business!

“

Since 2013, the St. Louis Regional Chamber has been a champion for
Medicaid expansion for its benefits on the region’s economy and
workforce. Missouri is one of only 13 states in the country that has not
expanded Medicaid. We’re in a global competition for business and
talent and the lack of Medicaid expansion in Missouri makes it harder
to attract and develop skilled workers and businesses. We believe
healthcare is at the center of a productive workforce and expanding
Medicaid can contribute to growing our workforce and free up revenue
to invest in our communities — and that’s good for business.

�

— Tom Chulick
PRESIDENT & CEO
ST. LOUIS REGIONAL CHAMBER

REGIONAL CHAMBER

According to the Impact Report by Missouri Foundation for Health
— Missouri will see broad statewide economic benefits:

16,000

increase in NEW JOBS each year

$2.5 billion

increase in ECONOMIC OUTPUT (averaging approximately
$16,500 per Missouri business)

$1.6 billion

increase in GROSS DOMESTIC PRODUCT

$1.1 billion

increase in PERSONAL INCOME

79%

of NEW JOBS created outside of the healthcare industry

The data shows savings will be realized by expanding Medicaid,
which can be used for:

EDUCATION

ECONOMIC AND
WORKFORCE DEVELOPMENT

TRANSPORTATION
AND INFRASTRUCTURE

All essential priorities for a healthy business climate!

“

As Missouri considers Medicaid expansion, we have a unique
opportunity to see how expansion impacted 37 other states and
the District of Columbia. Results consistently show that expansion
benefits patients, health care institutions, and communities, and
that it is fiscally prudent for states. Perhaps more importantly, it
is essential that we as Missourians stand by our values for a more
equitable, humane society. It is urgent that all of us come together
and remain vigilant to ensure we have a Medicaid program we
can continue to be proud of in the future.

— Bob Hughes
PRESIDENT & CEO
MISSOURI FOUNDATION FOR HEALTH

For more details on Medicaid expansion visit:
www.stlregionalchamber.com/medicaid-expansion
www.MakesSenseMO.org

REGIONAL CHAMBER

�

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