The Big Beautiful Bill proposes a $1 trillion reduction in Medicaid funding over the next decade, leading to significant consequences for New York. The state's governor estimates $8 billion in cuts to hospitals and health systems, causing a loss of $14 billion in economic activity and 65,000 jobs in the healthcare sector. Additionally, 1.5 million New Yorkers may lose their health care coverage. New paperwork requirements for Medicaid recipients will create high administrative costs, further complicating access to vital health services for low-income individuals.
The Big Beautiful Bill includes $1 trillion in Medicaid funding cuts over the next decade, risking 1.5 million New Yorkers losing their health care coverage.
The bill's new paperwork requirements for Medicaid applicants will lead to prohibitive administrative costs, detracting from actual health benefits.
Collection
[
|
...
]