California Stands to Lose $78 Billion Under Republican Health Care Proposal
California would lose more federal funding than any other state under the latest GOP plan to repeal the Affordable Care Act, according to an analysis released Wednesday by the health policy consulting firm Avalere Health. By 2026, California would lose $78 billion in federal money for the Medi-Cal insurance program and in federal subsidies for low-income residents who buy health insurance through Covered California. “The bill reallocates funding from states that expanded Medicaid to those that did not,” said Caroline Pearson, senior vice president at Avalere Health. “So a large state like California, which has had a big Medicaid expansion under the ACA, (is) going to be worse off.”
UC Berkeley Labor Center Analysis
The GOP’s last-ditch effort to repeal the Affordable Care Act is the worst one yet for California