Researchers are predicting that 924,000 jobs would be lost, gross state products would be $93 billion lower and business output would be $148 billion less under the American Health Care Act, according to an article on the Fierce Healthcare website.
Of the nearly 1 million jobs lost by 2026, most of would be in healthcare.
The research, conducted by George Washington University and The Commonwealth Fund, found the healthcare bill would start off by adding 864,000 jobs and growing state economies, since its repeal of Affordable Care Act taxes begin right away.
However, as health coverage-related spending cuts phase in, the picture changes. For the health sector, there's a predicted 24,000-job reduction in 2018. By 2026, that number would grow to 725,000.
Where Workforce Strategy Meets Facility Design
OCAD Student Research Inspires Dementia Friendly Shower Redesign at UHN Hospital
Atrium Health Navicent Ensnared in Oracle Health Data Breach
Two Steps to Controlling the Hot Zone
RiverSpring Living Breaks Ground on River's Edge Senior Living Community