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WellPoint expects states to expand Medicaid

The Baltimore Sun / Reuters, January 24, 2013
A top U.S. insurance industry executive on Wednesday predicted that most states will agree to expand their Medicaid programs under President Barack Obama's healthcare reform law, despite opposition from more than a dozen Republican governors. "In the long run, the economic benefits to the states will be such that most states will eventually expand Medicaid," said Richard Zoretic, the executive vice president who oversees Medicaid programs at WellPoint Inc., the-second largest U.S. health insurer. His prediction comes at a time when about 15 state governors are weighing whether to participate in the dramatic expansion of the Medicaid program for the poor advocated by the Patient Protection and Affordable Care Act.