CASPER â Expanding Medicaid could create nearly 2,000 Wyoming jobs and grow the stateâs overall economic output by $1.5 billion in five years, according to a new report published Thursday. The report predicts major economic gains for states that leverage a temporary federal incentive to expand Medicaid to cover more low-income residents. It comes just over a week after a legislative committee backed reviving the expansion debate in Wyoming. The new estimates come from national think tank The Commonwealth Fund, which analyzed how a special federal bonus being offered to non-Medicaid expansion states through the American Rescue Plan Act could bolster those statesâ economies.