A study of a stimulus package that's expected to be considered next month by Congress says Hawai'i could receive an additional $141.5 million in federal Medicaid matching funds if the plan is put into law.

The analysis by Families USA looked at a proposal that's likely to be contained in an economic stimulus initiative by the new Congress. Families USA looked at legislation introduced in the Senate by Majority Leader Harry Reid that would provide almost $40 billion in additional federal funding for state Medicaid programs.

The analysis also projected that the new funds are expected to help create 2,300 new jobs with $88.4 million in new wages. The study also said the money would spur an estimated $237.5 million in new business activity in Hawai'i.