Health insurers says Senate bill's Medicaid cuts to hurt states

Health insurers says Senate bill's Medicaid cuts to hurt statesBy Caroline Humer NEW YORK (Reuters) – Health insurers are concerned about the U.S. Senate’s plans to cut the Medicaid program for the poor and the impact such a move would have on state governments, the industry’s largest lobbyist said on Friday. Republicans in the U.S. Senate on Thursday unveiled a draft bill to repeal and replace the Affordable Care Act, commonly known as Obamacare. The bill would replace its individual insurance coverage with new subsidies and requirements and cut federal funding for Medicaid.



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