If passed by the Senate, New York stands to lose nearly $7 billion in funding over the next four years.
Gov. Andrew Cuomo says the Trump Administration’s healthcare act would have disastrous effects.
Currently, for every dollar that New York puts into Medicare, the federal government matches that dollar. Under the new healthcare act, that match could be limited.
“What that’s going to mean is that elderly and disabled people who rely on Medicaid for their care may be left without services or may be left with reduced services,” said Dan Heim, executive vice president of leading age New York.
Heim says seniors have the most to lose.
Although the cost of healthcare could go up for every New Yorker, for some with pre-existing conditions, as much as $25,000 a year.