CBO: Republican Health Plan Cuts Medicaid 35 Percent Over 20 Years
According to a new analysis from the Congressional Budget Office, the Republican healthcare bill would cut Medicaid spending by 35 percent over the next 20 years.
The updated report, which was requested by Senators Ron Wyden (D-Ore.) and Bernie Sanders (I-Vt.) could make the GOP’s ObamaCare repeal effort even more difficult.
The new analysis looks beyond the 10-year window of the original CBO score released Monday and analyzes the impact of the Republican bill’s lower spending cap on Medicaid after 2025.
According to the CBO, “the differences between spending growth for Medicaid under current law and the growth rate of the per capita caps … would be substantial.”
The CBO continues saying states would take a substantial financial hit under the legislation. States would need to decide “whether to commit more of their own resources, cut payments to health care providers and health plans, eliminate optional services [or] restrict eligibility for enrollment.”
[image via screengrab]
