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Federal Medicaid Cuts in NC? Lose 58,000 jobs.

National health care advocacy group FamiliesUSA got some fancy economists to crunch the numbers on what would happen to NC’s economy if the federal Medicaid cuts (yes, not the state cuts that have already happened, but the federal cuts that are being talked about right now in DC) are enacted.

The bottom line is pretty simple:

Cuts Could Cost North Carolina as Many as 58,650 Jobs and as Much as $6.2 Billion in State Business Activity

5 Comments

  1. frances

    June 22, 2011 at 4:32 pm

    Are the Democrats opposed to this?

  2. [...] More: Federal Medicaid Cuts in NC? Lose 58000 jobs. « The Progressive Pulse [...]

  3. Alex

    June 23, 2011 at 8:40 am

    This is a ridiculous argument because neither the states or the Feds can afford this expansion of Medicaid. Much of the recent funding has been borrowed anyway-money we don’t have.

  4. Carolina Cannabis Coalition

    June 23, 2011 at 4:51 pm

    any jobs lost at the pharmaceutical companies who profit off the misery of Medicaid eligibles?

  5. Carolina Cannabis Coalition

    June 23, 2011 at 5:22 pm

    According to another Families USA report, the top five Medicare Part D insurers charged 58 percent more than Veterans Affairs. CMS cant negotiate with the drug cartels