Medicaid cuts could have “far-reaching” consequences for the healthcare sector and the broader economy, driving up preventable hospitalizations and excess deaths while cutting revenue for providers, according to research published in JAMA Health Forum. Coverage losses due to the massive tax and policy law recently signed by President Donald Trump are estimated to cause more than 1,400 excess deaths and over 94,000 preventable hospitalizations annually by 2034, the study found. The cuts will also result in federally qualified health centers losing 5 million Medicaid enrollees each year, while gaining 1.9 million uninsured patients — causing a $3.3 billion reduction in revenue.
Read the full article: Medicaid Cuts Could Have ‘Far-Reaching’ Healthcare, Economic Impacts: Study //
Source: https://www.healthcaredive.com/news/medicaid-cuts-impacts-healthcare-economy-jama-health-forum/753206/