The 'One Big Beautiful Bill' proposes significant cuts to federal spending on Medicaid and the Affordable Care Act, amounting to approximately $1 trillion over a decade. These cuts threaten the health coverage of millions and could increase the number of uninsured individuals by nearly 12 million by 2034, according to the Congressional Budget Office. The legislation introduces a work requirement for Medicaid enrollees in expanded Medicaid states, potentially stripping coverage from those who don't comply. This may lead to financial distress for healthcare providers, affecting services and employment in the sector.
The bill aims to cut federal spending on Medicaid and Affordable Care Act marketplaces by about $1 trillion over a decade, impacting tens of millions of Americans.
The Senate plan could lead to nearly 12 million more uninsured individuals by 2034, undermining gains made during the Biden and Obama administrations.
Collection
[
|
...
]