James Madara, MD, president and CEO of the AMA, wrote that the bill’s passage would result in tens of millions of Americans losing their insurance coverage and a destabilization of individual markets. Instead, Dr. Madara urged the Senate to focus on funding cost-sharing reductions.
“Similar to proposals that were considered in the Senate in July, we believe the Graham-Cassidy Amendment would result in millions of Americans losing their health insurance coverage, destabilize health insurance markets, and decrease access to affordable coverage and care,” wrote Dr. Madara. “We are particularly concerned with provisions that repeal the ACA’s premium tax credits, cost-sharing reductions, small business tax credit, and Medicaid expansion, and that provide inadequate and temporary block grant funds (only through 2026) in lieu of the ACA’s spending on marketplace subsidies and the Medicaid expansion.”
More Articles on Leadership:
University of Chicago Medicine to rebrand, alter leadership structure
New York judge revokes Martin Shkreli’s bail after offering $5k for a strand of Hillary Clinton’s hair
Bernie Sanders’ Medicare-for-All bill: 4 things to know
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.