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Report: Senate health reform would significantly reduce Medicaid funding in R.I.
PROVIDENCE - If the Better Care Reconciliation Act was passed in its current form, Rhode Island will lose $1.9 billion of federal Medicaid funding from 2020-2026, according to Avalere, a subsidiary of Invalon, a data solutions company that works with health care companies. The GOP-led re-working of Affordable Care Act, often called Obamacare, looks to…
This article does not paint a compete picture of the proposed reforms. As CEO of free-market think tank and member of a national association, I have participated in numerous national conference calls with authors of the original House bill and I have met with staffers from the Senate in DC. Regarding Medicaid: there is no actual cut in funding, there will be no one thrown off, and there will be more spent on the truly needy. Those who may no longer qualify for Medicaid eligibility, instead, will receive complete or major subsidies to purchase private insurance.