Florida Republican Gov. Rick Scott says he will not implement the state health insurance exchanges mandated in the 2010 federal health care law despite President Barack Obama's re-election.

The Sarasota Herald-Tribune reports:

Speaking on the New College of Florida campus following a meeting of the state's university governing board, Scott said it will cost taxpayers and business owners too much to expand Medicaid and set up health insurance exchanges as called for under the law. "No one has been able to show me that that health care exchange is going to do anything rather than raise taxes, raise the cost of our companies to do business," Scott said, adding that expanding Medicaid would also require tax increases.

Scott is one of many Republican governors who have resisted the state programs required by the law before Election Day, but he's the first to voice continued resistance after the election.

In Congress, Republican leaders have indicated that the election results, in which the Democrats retained control of the Senate and boosted their minority in the House, would curtail efforts of repealing the law.

"It's pretty clear that the president was re-elected," House Speaker John Boehner said in an interview with ABC News on Thursday. "Obamacare is the law of the land."