Healthcare DIVE March 25, 2025
Reducing spending on Medicaid and the Supplemental Nutrition Assistance Program could batter state economies and lead to job cuts — including 477,000 roles in in the healthcare sector alone next year.
Dive Brief:
- Funding cuts to Medicaid and the Supplemental Nutrition Assistance Program, which provides food benefits to low-income families, could damage state economies and result in job losses, according to a report published Tuesday by the Commonwealth Fund.
- If funding reductions pitched by congressional Republicans are implemented, state gross domestic products would fall by $113 billion next year — outstripping the $95 billion in savings for the federal budget, according to the analysis.
- Businesses and healthcare providers that receive these funds could cut workers. More than 1...
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