August 24, 2017

Florida Would Lose Nearly $9.7 Billion in Federal Funding under Cassidy-Graham Health Care Bill

This post was last updated on December 8, 2021. As new policies are announced, FPI will update this page.

As Florida’s response to COVID-19 takes front and center, concern grows for low-income families who struggle to take precautions against the spread of the virus. Although Congress has passed the Families First Coronavirus Response Act to address, at least in part,  the public health crisis and economic fallout from COVID-19, many barriers continue to keep struggling families from accessing the assistance they need during the pandemic. As Florida initiates policies implementing the Act and addressing other barriers to the safety net, FPI will update this form. When available, hyperlinks are provided to agency documents or statements that provide greater detail  about the new policy.

On March 22, 2020, FPI and 44 other organizations sent a letter to Governor DeSantis, leadership in the Legislature and agency heads to urge action on 47 specific policy changes to reduce unnecessary barriers for Florida’s safety net programs in response to the COVID-19 pandemic. See the letter here.

Proposed legislation would cap and cut Medicaid funding and eliminate the Affordable Care Act’s tax credits and subsidies

Lake Mary, FL – The Florida Policy Institute (FPI) today called on Florida’s U.S Senate delegation to reject the Cassidy-Graham legislation, a bill that would repeal and replace the Affordable Care Act (ACA). A new report from the Washington D.C.-based Center on Budget and Policy Priorities (CBPP) shows that Florida would lose nearly $9.7 billion in federal funding by 2026 under the bill. The legislation is authored by Senators Bill Cassidy and Lindsey Graham, who have reportedly been in talks with the Administration to push their proposal.

“It’s hard to believe that after such widespread public rejection of previous harmful federal health care bills, the Administration and Senate may try again to push through legislation that guts federal health care funding,” said Joseph F. Pennisi, executive director of FPI. “Constituents have made it clear that they do not want to see their friends, families and neighbors lose health care coverage. The focus instead needs to be on a bipartisan effort to improve on the Affordable Care Act.”

The legislation would eliminate both tax credits that help 1.2 million moderate-income Floridians, the most of any state, afford monthly insurance premiums and subsidies that help low-income residents with out-of-pocket health costs, like deductibles and copays. The plan would also end the ACA’s Medicaid expansion, precluding the state’s ability to extend affordable coverage to more than 500,000 Floridians.

Under the Cassidy-Graham proposal, a far smaller block grant would replace Medicaid expansion funding and marketplace subsidies. The plan would also cap and deeply cut the rest of the Medicaid program. After 2026, the block grant would disappear entirely. This would particularly devastate the health and economic well-being of children, seniors and people with disabilities, while crippling the fiscal health of the state.

A recent report and series of fact sheets published by FPI focus on risks to Medicaid beneficiary groups and services under capped federal funding, namely women, children, seniors and people with disabilities.

Another FPI report examines the dangers of block granting programs designed to reduce poverty.

“We strongly urge Florida’s Senate delegation to reject this bill, along with any legislation that results in loss of coverage, increases out-of-pocket costs for consumers or limits Medicaid,” added Pennisi.

The Florida Policy Institute is an independent, nonpartisan and nonprofit organization dedicated to promoting widespread prosperity through timely, thoughtful and objective analysis of state policy issues affecting economic opportunity.

Downloadable Resources

There are no attachments currently.
No items found.
Related posts
No items found.