Even though the U.S. Senate has yet to release the details of its version of the GOP’s American Health Care Act, the iteration that the House passed — without any changes — “would have devastating consequences to New Jersey’s residents, public health, and economy,” according to a new report from New Jersey Policy Perspective.
For starters, the AHCA would strip insurance from 540,000 New Jerseyans and cause the state’s uninsurance rate to spike by 50 percent by 2026. What’s more, by repealing Medicaid expansion and marketplace subsidies, the AHCA would result in a $28 billion loss in federal funds over 10 years and cut about 54,000 jobs.
The coverage, federal funding and job losses would be severe in every New Jersey Congressional district. Coverage loss ranges from 30,000 to 65,000; percentage increase in the uninsured ranges 44 percent to 112 percent; annual federal funding lost ranges from $251 million to $638 million; and job loss ranges from 2,761 to 7,006.