Repeal of the Affordable Care Act

Medicaid, the nation’s health care safety net, provides care to 70 million Americans. Repeal of the Affordable Care Act (ACA) will have substantial consequences for this vulnerable population. According to a recent non-partisan study conducted by researchers at the George Washington University, repeal would lead to a doubling of the number of uninsured patients, higher uncompensated care costs for providers, and higher taxes for low-income Americans.

Repeal of the ACA would have even greater economic implications. Nationally 2.6 million jobs would be lost. Approximately one-third of those are in health care, but the majority are in construction, real estate, finance, insurance, and retail trade. Between 2019 and 2023, gross state products would fall by $1.5 trillion, while business output would be reduced by $2.6 trillion.

In Oregon, where I live, repeal of premium tax credits and Medicaid expansion would result in 45,000 jobs lost in the public and private sectors. Between 2019 to 2023, the gross state product would lose $24.9 billion, business output would lose $42.6 billion, and state and local taxes would lose $817.6 million.

Repeal of the ACA without adequate replacement policies is just bad medicine—not just for recipients—but for all of us.

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