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Saturday, 28 June 2025
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‘Big beautiful’ bill health care cuts may add to medical debts: report

‘Big beautiful’ bill health care cuts may add to medical debts: report

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The proposed federal expenditure for health care in Republican was cut “”A big beautiful bill act“Some families can increase medical loans up to $ 22,800, according to A New report In the third way, a Washington, DC-based think tank.

The Republican Budget Bill proposes $ 1.1 trillion Cut for health care It targets both the Medicade and the cheap care act coverage. Estimated 16 million people may lose health coverage based on those proposals, the Congress budget office has estimated – 7.8 million who will lose the Medicade and 8.2 million who will lose those who will lose Cheap care act coverage,

Overall, the change in the budget bill will result in an increase in medical loans by $ 50 billion – according to third way, increase in unpaid loans by more than $ 340 billion today.

‘Medical debt stands in the way of American dream’

According to the third way report, the loss of health coverage will increase the number of people in families with medical loan to 5.4 million. According to KFF, currently more than 100 million people in the US have medical loans.

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According to the third way, an estimated 2.2 million houses will have a medical loan due to loss of medicade coverage in an estimated 2.2 million houses due to loss of medicade coverage, while 3.2 million more people will balance due to cheap care acts.

According to the third way report, without coverage, families can see an increase in their medical loan by $ 22,800. About 87% of the families had no medical loan earlier, an average of $ 22,800 in the remaining amount. Meanwhile, 13% of families can deposit an additional average of $ 8,790 in medical loan at the top of $ 13,490 in existing balance.

“It is going to bring back the dreams of the people, if they are expecting to go to college or expecting a solid retirement or expecting to buy another house,” said David Kandal, said David Kendall, senior health and fiscal policy partner, said. “Medical debt stands in the way of American dreams, and we should not make it worse.”

Health insurance ‘makes an average difference’

The White House said that the purpose of cutting the proposed federal expenditure is to end “Useless, fraud and misconductIn government programs, including “Medicid. The Trump administration has stated that the” Big Beautiful “bill is a possible” work for working and middle class Americans “through tax cuts, high wages and high-home payments.

In a letter of Monday, which cites the report in the third way, Sen Jeff Mercale, D-Ore., Ranking Member of the Senate Budget Committee, and Democratic Sensor. Corey Booker of New Jersey, Chak Shumor of New York and Ron Widen of Oregon urged Republican leaders to cut the proposed health-care.

Addressing a medical loan is a “national priority” with “bipartisan support”, the Senator has written in a letter to the Senate majority leader John Theuns, Rupees, and House Speaker Mike Johnson, R-La. Currently, 16 states have gone to either cancel medical loan or abolish medical loan Loan -reportHe has written.

“Medical debt is a complex problem, but having health insurance coverage has an average difference,” the senators wrote.

They gestured A 2013 study In the New England Journal of Medicine, it was found that medical loan rates have been reduced by 13.28 per cent in Medicade coverage. The study published further of the state Medicade expansion under ACA saw the effects of Oregon’s 2008 Medicade expansion.

Americans with unpaid medical balance may lead to “strict” results, which may include in cutting food or other requirements without delay or without any care, in cutting back or taking additional loans, MPs wrote.

Apart from personal failures, medical loan also affects consumer expenses, which can prevent economic growth, he said.

The senators wrote, “If the Republican reconciliation bill passes these rigorous health care cuts in law, the families of the working class across the US risk going into medical debt,” the Senators wrote.

“It’s not too late to stop these cuts,” he wrote.

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