American Health Care Act Could Cause Loss of Nearly Million Jobs
If it becomes law, the American Health Care Act (AHCA), as passed by the
The report, The American Health Care Act: Economic and Employment Consequences for States, evaluates the
"The
Losses Are Driven by Health Care Spending Reductions
The primary cause of the loss of jobs and harm to state economies is the large reduction in funding for health care, particularly cuts in Medicaid funding and reduced funding for tax subsidies to help people purchase health insurance. The coverage-related losses amount to 1.9 million jobs lost by 2026 and almost
Job Losses Nationwide, Especially Severe in Health Care Sector
The state-by-state analysis finds that passage of the
Health-sector employment would fall immediately in 2018 in 17 states:
"The Affordable Care Act enabled the
Moving Forward
The authors note that this analysis does not take into account any changes the
The full report, along with detailed findings for every state, is now available (http://www.commonwealthfund.org/publications/issue-briefs/2017/jun/ahca-economic-and-employment-consequences).
Methodology
About



Murray Joined By Advocates to Highlight Devastating Trumpcare Medicaid Cuts and Impacts on Military Families and Children With Disabilities
SBA Disaster Assistance Available to Arkansas Private Nonprofit Organizations
Advisor News
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor NewsAnnuity News
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
- Guaranteed income streams help preserve assets later in retirement
More Annuity NewsHealth/Employee Benefits News
- Reed: Can these assets be saved?
- PacificSource to end Montana operations
- PacificSource to end Montana insurance operations
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
- Ashley Mann:
More Health/Employee Benefits NewsLife Insurance News
- Kansas official running for governor received $300K in donations before key decision
- Investigators say C.R. man's life insurance claims for 3 children were fraudulent
- Shocking death of Kyle Busch renews debate over IUL plan
- WoodmenLife launches final expense life insurance offering
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
More Life Insurance News