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Member Research and Reports

Member Research and Reports

GW Study: Better Care Reconciliation Act Could Cause Loss of Nearly 1.5 Million Jobs by 2026

If it becomes law, the draft Better Care Reconciliation Act (BCRA) proposed by the U.S. Senate could cause an estimated 1.45 million jobs to disappear by 2026 and trigger an economic downturn in all but one state, according to a report published today by researchers at George Washington University’s (GW) Milken Institute School of Public Health (Milken Institute SPH) and the Commonwealth Fund. The projected overall job losses from the BCRA are about 50 percent greater than the nearly one million estimated for the House-passed American Health Care Act in an earlier Milken Institute SPH report.

States that will see the worst job loss include New York (132,000), California (117,000), Pennsylvania (110,000), Ohio (99,000), Michigan (86,000), Florida (78,000), Illinois (71,000), New Jersey (60,000), Massachusetts (54,000), and Indiana (39,000).

“Although the Congressional Budget Office found that both the Senate and House bills had similar effects in increasing the number of uninsured, our analysis indicates that the Sentate bill has the potential to be more damaging to states’ economies,” said Dr. Leighton Ku, Director of the Center for Health Policy Research at the Milken Institute SPH and the study’s lead author.

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