According to a new analysis from the Commonwealth Fund and the Milken Institute School of Public Health at the George Washington University, New York would lose 86,100 jobs by 2026 if the American Health Care Act (AHCA) passed by the House of Representatives last month became law. Based on the study’s estimates, New York would lose more jobs than any other state in the country.
According to the study, approximately 72 percent of jobs lost would be in the health care sector, including an immediate loss of 24,000 jobs in 2018. However, the AHCA would affect other industries as well. The study also shows that $10.5 billion in Gross State Product and more than $16 billion in business output would be lost by 2026.
You can access the full New York State Fact Sheet here.
Medicaid is the single largest insurer for children in the United States. The program covers more than 35.5 million children nation-wide and more than 2 million children in New York State alone. On May 4, the House of Representatives voted to repeal and replace the Affordable Care Act (ACA) and cut more than $830 billion from the Medicaid program. In addition to these dramatic cuts, Congress has also proposed to lower the federal minimum Medicaid eligibility threshold for children under 19 from 138 percent of the Federal Poverty Level (FPL) (about $28,000 for a family of three) to 100 percent of FPL (about $20,000 for a family of three). A new policy brief from the Institute for Child, Youth, and Family Policy at Brandeis University shows what these cuts to Medicaid and change in eligibility will mean for school-aged children.
According to the policy brief, there are currently 15.2 million children eligible for Medicaid coverage in the U.S. The proposed change in the federal minimum eligibility for the Medicaid program would reduce the number of eligible children by 4.7 million. The brief also explains that eligible children are disproportionately Black and Hispanic or Latino. This is also true in New York State. According to the brief, New York ranks fourth in the nation for the number of Hispanic or Latino children who would lose Medicaid eligibility under this change (90,600) and fifth for the number of Black children who would lose Medicaid eligibility (48,400).
New York State has always been a leader in children’s health coverage. New York currently has an insurance rate for children of more than 97 percent, and all children under the age of 19 are eligible for health insurance regardless of immigration status. New York State also has a Medicaid eligibility level for school-aged children of 149 percent of FPL (about $30,000 for a family of three) through 2019, which is greater than the federal minimum eligibility under the ACA. However, even with these many steps in the right direction, Black and Hispanic or Latino children remain more likely to be uninsured than other New York children. Cuts to Medicaid and reduction of the federal Medicaid eligibility level would be a huge step backward and only serve to exacerbate existing health inequities for New York’s children.
Albany, NY – Health Care for All New York (HCFANY), a statewide coalition of over 170 consumer advocacy organizations, expressed great dismay at the passage of the American Health Care Act (AHCA). Despite unprecedented opposition from constituents, House Republicans voted to take health care away from 2.7 million New Yorkers, abandon Americans with pre-existing conditions to hopelessly underfunded “high-risk” rationing pools, slash Medicaid, and raise health care costs for all families by up to 20 percent.
The passage of the AHCA threatens the high quality affordable health coverage offered to millions of New Yorkers through the New York State of Health marketplace, including the Essential Plan, individual commercial plans and Medicaid. The Affordable Care Act allowed 3.6 million New Yorkers to get health insurance by revitalizing New York’s individual market, increasing the number of people eligible for Medicaid, and creating the Essential Plan. The Medicaid program provides affordable care to six million New Yorkers who cannot afford private insurance. Over a third of the New Yorkers covered by Medicaid are children, while most of the spending on the program provides care to the elderly and people with disabilities. The AHCA’s cap on Medicaid will mean devastating cuts for New York’s most vulnerable.
We thank the New York Democratic delegation and, critically, Representatives Donovan and Katko for their courageous stand for New Yorkers against enormous political pressure.
We condemn the votes of Representatives Collins, Faso, King, Reed, Stefanik, Tenney, and Zeldin for failing to defend the health needs of hundreds of thousands of their constituents who have gained coverage under the ACA.
According to a new report from the Kaiser Family Foundation, eliminating cost sharing reductions (CSRs), or subsidies that lower the out-of-pocket costs for moderate-income consumers, would increase overall costs to federal government instead of saving money.
Nationally, CSRs are worth approximately $7 billion annually and reduce out-of-pocket costs for moderate income consumers by $3,350 to $3,600 per year.
CSRs are especially important for New York because CSRs provide nearly $1 billion annually in funding for the Essential Plan, the State’s Basic Health Program, which covers nearly 700,000 New Yorkers.
Continued funding for CSRs is at risk. In 2016, members of the House of Representatives sued the Administration to block funding for CSRs and argued that the Administration had paid for them without Congressional authority. A district court ruled in favor of the House, and the case is now on appeal. The current Administration now has to decide whether or not to move forward with the appeal. If the appeal is dropped, and Congress does not appropriate the CSR funding, millions of consumers may no longer be able to afford coverage.
Although it would appear that eliminating CSRs would save the federal government money, the Kaiser Family Foundation explains that any savings would be coupled with significant increases in costs for the Advanced Premium Tax Credits (APTCs) that lower monthly premiums. The report estimates that ending CSRs would actually result in a net increase in federal costs of $2.3 billion.