One Big Beautiful Bill Act Complicates State Health Care Affordability Efforts [View all]
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KFF Health News) As Congress debates whether to extend the temporary federal subsidies that have helped millions of Americans buy health coverage, a crucial underlying reality is sometimes overlooked: Those subsidies are merely a band-aid covering the often unaffordable cost of health care.
California, Massachusetts, Connecticut, and five other states have set caps on health care spending in a bid to rein in the intense financial pressure felt by many families, individuals, and employers who every year face increases in premiums, deductibles, and other health-related expenses.
Hospitals and other health care providers are citing Republicans One Big Beautiful Bill Act, signed by President Donald Trump in July, as one more reason to challenge those limits.
The law is expected to reduce federal Medicaid spending by more than $900 billion over a decade, which mathematically should help the overall health care system meet the caps. But the law is also expected to increase the number of uninsured Americans, mostly Medicaid beneficiaries, by an estimated 10 million people. Health care analysts predict hospitals and other providers will raise prices to cover the double whammy of lost Medicaid revenue and the cost of caring for an influx of newly uninsured patients. ..................(more)
https://kffhealthnews.org/news/article/health-costs-spending-affordability-hospitals-california-one-big-beautiful-bill/