Here are four key thoughts from their article.
- New caps for Medicaid eligibility, with the individual annual income cap coming in at just over $16,000, make it much harder for low-income people or the working poor in need of Medicaid services to qualify for the program if they exceed that threshold.
- New caps on federal funding for Medicaid are adjusted based on overall inflation rates and not medical inflation rates, which rise more quickly.
- Reduced premium subsidies make it harder for low- and middle-income individuals and families to afford private insurance.
- With many tax cuts afforded to wealthy individuals in these bills, the cuts to low-income services cannot be seen as part of an overall strategy for financial prudence but instead a direct attack on the poor.
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