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Report warns of state money fallout from health law repeal
Source: Associated Press
Report warns of state money fallout from health law repeal
By BEN NUCKOLS and RICARDO ALONZO-ZALDIVAR
Feb. 26, 2017 1:01 PM EST
WASHINGTON (AP) — A sobering report to governors about the potential consequences of repealing the Obama-era health care law warns that federal spending cuts probably would create funding gaps for states and threaten many people with the loss of insurance coverage.
The Affordable Care Act has two main components for expanding coverage: subsidized private health insurance available in all 50 states, and an optional Medicaid expansion that has been accepted by 31 states and the District of Columbia. Those two components of the health law cover more than 20 million people.
A report by the consulting firms Avalere Health and McKinsey & Company concluded that the changes under consideration by the GOP-led House would reduce significantly federal dollars for Medicaid and subsidized private insurance.
The effect on Medicaid would be far-reaching. The federal-state program for low-income people covers more than 70 million Americans, many of whom have high health care needs.
The Associated Press obtained a copy of a slide presentation made by the consultants to governors meeting this weekend in Washington.
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By BEN NUCKOLS and RICARDO ALONZO-ZALDIVAR
Feb. 26, 2017 1:01 PM EST
WASHINGTON (AP) — A sobering report to governors about the potential consequences of repealing the Obama-era health care law warns that federal spending cuts probably would create funding gaps for states and threaten many people with the loss of insurance coverage.
The Affordable Care Act has two main components for expanding coverage: subsidized private health insurance available in all 50 states, and an optional Medicaid expansion that has been accepted by 31 states and the District of Columbia. Those two components of the health law cover more than 20 million people.
A report by the consulting firms Avalere Health and McKinsey & Company concluded that the changes under consideration by the GOP-led House would reduce significantly federal dollars for Medicaid and subsidized private insurance.
The effect on Medicaid would be far-reaching. The federal-state program for low-income people covers more than 70 million Americans, many of whom have high health care needs.
The Associated Press obtained a copy of a slide presentation made by the consultants to governors meeting this weekend in Washington.
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Read more: http://bigstory.ap.org/article/ccd7d769fa2b472499bf3a26eae48657/report-warns-state-money-fallout-health-law-repeal
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