House Republicans on May 11 floated a bill that would impose up to $715 billion in Medicaid and ACA cuts over the next decade — reductions that hospital leaders warn would leave millions without coverage and put essential hospitals at risk of closure. While the legislation stops short of implementing per capita caps or a complete overhaul of Medicaid expansion funding, it includes measures to penalize states that provide Medicaid benefits to noncitizens by reducing their ACA expansion matching rate. Rick Pollack, President and CEO of the American Hospital Association, described the cuts as “a devastating blow to the health and well-being of our nation’s most vulnerable citizens and communities.”
Read the full article: ‘Cuts of This Magnitude Cannot Be Absorbed’: Hospitals Slam Republicans’ Medicaid Proposal //
Source: https://www.beckershospitalreview.com/uncategorized/cuts-of-this-magnitude-cannot-be-absorbed-hospitals-slam-republicans-medicaid-proposal/