A new analysis by The Kaiser Family Foundation is breaking down how the latest federal health care proposal could affect North Carolina and other states. According to the findings, a majority may face cuts.
The last-ditch effort by Republican senators to repeal Obamacare is called the Graham-Cassidy bill. The Kaiser Family Foundation found that the proposal could amount to 35 states and Washington D.C. losing federal funds over a six-year period.
The bill would basically give states more power to create their own health care system. The plan repeals both the Medicaid expansion and individual insurance market subsidies that were available under the Affordable Care Act.
This would be replaced with a new block grant program. And the states would decide how to use this money.
Another big change? For enrollees in the Medicaid program, federal funding would be capped at a certain amount.
Overall, North Carolina could stand to lose $8.1 billion.
Republicans have until the end of the month to pass the bill.