Passage of GOP Tax Bill Would Worsen Medical Debt Crisis - Non Profit News | Nonprofit Quarterly
Briefly

The GOP tax bill, which recently passed the House by a narrow margin, poses a significant threat to Medicaid, potentially stripping health coverage from millions. This could exacerbate an already critical medical debt crisis, affecting approximately 20 million adults, many of whom owe substantial amounts. With proposed work requirements, estimates suggest that up to 14.4 million people could lose Medicaid coverage, particularly impacting low-income families and marginalized communities. The burden of exorbitant out-of-pocket costs could lead to deferred healthcare, further worsening medical debt issues, especially among people of color.
"56 percent of Black adults and 50 percent of Hispanic adults owe money for a medical or dental bill, compared with 37 percent of non-Hispanic white adults."
"If enacted, the Center on Budget and Policy Priorities estimates that between 9.7 million and 14.4 million people could lose their coverage-even though the vast majority of Medicaid recipients are already working, disabled, in school, or have caretaking responsibilities."
Read at Non Profit News | Nonprofit Quarterly
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