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Though Trump vowed during the campaign to protect Medicare, the government insurance program for adults over 65, he hasn't made the same promise about Medicaid, which provides health insurance for ...
Federal Medicaid assistance is distributed on a daily basis in the form of grants to states and totaled $618 billion in the fiscal year ended on Sept. 30, 2024 - roughly $2.5 billion per business day.
The Congressional Budget Office (CBO) estimated in 2023 that adding work requirements to Medicaid eligibility would reduce federal spending by roughly $109 billion over a 10-year period.
In the United States, Medicaid is a government program that provides health insurance for adults and children with limited income and resources. The program is partially funded and primarily managed by state governments, which also have wide latitude in determining eligibility and benefits, but the federal government sets baseline standards for state Medicaid programs and provides a ...
As initially passed, the ACA was designed to provide universal health care in the U.S.: those with employer-sponsored health insurance would keep their plans, those with middle-income and lacking employer-sponsored health insurance could purchase subsidized insurance via newly established health insurance marketplaces, and those with low-income would be covered by the expansion of Medicaid.
One of the 2010 law’s primary means to achieve that goal is expanding Medicaid eligibility to more people near the poverty level. But a crucial Supreme Court ruling in 2012 granted states the power to reject the Medicaid expansion, entrenching a two-tiered health care system in America, where the uninsured rate remains disproportionately high ...
The plan cuts federal funding for the federal-state Medicaid program by 34% by 2022, and by steadily larger amounts in years after that. For services such as education, law enforcement, water treatment, and disaster response, states would lose over $247 billion in federal funding from 2013–2021.
If Congress cuts federal funding, Medicaid expansion would be at risk in all states that have opted into it, including those without trigger laws, because state legislatures would be forced to ...