Romney Health Proposals Cut Medicaid $1.26 Trillion: BGOV Study

A Bloomberg Government Study, “Romney’s Health-Care Proposals: Item-by-Item Comparison to Obama,” by Bloomberg Government analyst Christopher Flavelle, uses interviews with the Romney campaign officials and outside experts to examine and explain each of the candidate’s 15 proposals.

The study finds that Romney’s changes to Medicaid would lead to an estimated $1.26 trillion drop in federal funding from 2014 through 2022. Taken together, Romney’s other proposals would be unlikely to offset all of that decrease in health-care spending, leading to a drop in revenue for the health-care industry.

If Mitt Romney becomes president in January, the potential consequences for the health-care industry are both significant and uncertain. While Romney has repeatedly highlighted his intention to repeal the 2010 health-care law, he has spent less time talking about what policies he would pursue in its place. His campaign website, mittromney.com, lists 15 health-care proposals — some specific, others vague — which, taken together, would dramatically affect the business landscape facing health insurers, hospitals, nursing homes, and other health-care sectors.

This Bloomberg Government Study examines each of those proposals. Using information provided by the Romney campaign, as well as reports from the Congressional Budget Office and interviews with experts in the affected sectors, the study discusses what each proposal means; how it compares with President Barack Obama’s 2010 health overhaul; what questions it leaves unanswered; obstacles to implementation; and winners and losers.

For access to this study, or for more information about the Bloomberg Government web-based information service, contact the BGOV team.

Christopher Flavelle is a health-care policy analyst for Bloomberg Government. He holds a master’s degree from Columbia University’s School of International and Public Affairs and a bachelor’s degree from McGill University. Before Bloomberg, he examined the 2009 U.S. stimulus package for ProPublica, the investigative news group in New York.

 

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