The governor was right to expand Medicaid. 

"The state gets a $170 million annual net gain by expanding Medicaid, with more federal money coming into the state than leaving in taxes. About $90 million from Alaskan taxes would be spent in other states if Medicaid wasn't expanded."

https://www.adn.com/health/article/new-medicaid-reports-repudiate-gop-fears-outline-redesign-ideas/2016/01/26/