Trump may again seek cuts to Medicaid. Here’s who would be affected
From Morning Star, In Print — Nov 16th, 2024
President-elect Donald Trump’s administration is expected to target Medicaid as part of broader spending cuts aimed at financing an extension of the 2017 tax cuts. Medicaid now covers roughly 72 million Americans and more than 30% of the population in 11 states, making potential reforms highly consequential.
“Republicans face a difficult balancing act—reducing federal spending while avoiding backlash from voters who rely heavily on these programs,” said Henrietta Treyz, director of economic policy at Veda Partners.
Healthcare stocks tied to Medicaid, including Centene, Molina Healthcare, and UnitedHealth, have already experienced notable declines in response to these policy risks.
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