Proposed cuts in federal Medicaid funding would lead to the loss of 477,000 healthcare jobs in 2026, according to a new report. In February, the House of Representatives passed a budget resolution that calls for an $880 billion reduction in spending over 10 years for programs under the jurisdiction of the House Energy and Commerce Committee. Medicaid is expected to be the majority of these cuts. The report, published March 25, was written by researchers from the Commonwealth Fund and the Milken Institute School of Public Health at George Washington University. f these proposed cuts are implemented, they will have a “multiplier effect” across the economy, according to the report.
Read the full article: Medicaid Cuts Could Cost 477K Healthcare Jobs: 5 Notes //
Source: https://www.beckershospitalreview.com/finance/medicaid-cuts-could-cost-477000-healthcare-jobs-5-notes