The Republican-led reconciliation bill threatens Medicaid with over $1 trillion in cuts, potentially causing several states to abandon parts of the program. The Medicaid program, which serves 71 million low-income and vulnerable residents, is crucial for healthcare access. Experts view this as the largest rollback of healthcare coverage, primarily benefitting wealthy individuals through tax cuts. Although Obamacare has been established for over ten years, Medicaid expansion remains politically contentious in Republican states, and North Carolina alone might lose $32 billion in the upcoming decade due to these changes.
When Trump's sprawling tax-and-spending bill passed on Thursday, it heralded more than $1 trillion in federal cuts to Medicaid, which experts worry will push Republican-led states to abandon parts of the program and leave people without access to timely healthcare.
This is the largest rollback of healthcare coverage that we've ever seen and all in service of an agenda to drive tax cuts that will disproportionately benefit wealthy people and corporations.
Although Obamacare has been the law for more than a decade, Medicaid expansion proved politically divisive in Republican states, and many only recently decided to accept enormous federal subsidies to cover their residents.
North Carolina will lose $32 billion in the next decade.
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