Gov. Terry McAuliffe estimated Monday that Virginia would lose $1.2 billion in federal funding for its Medicaid program over the next seven years under legislation proposed in U.S. Senate to repeal the Affordable Care Act.
McAuliffe said the new proposal — known as the Graham-Cassidy-Heller-Johnson bill — would harm the state in the same way as previous legislation to repeal the health care law that was approved in the House of Representatives and defeated in the U.S. Senate this year.
Those bills would have cost Virginia an estimated $790 million to $1.4 billion over seven years, primarily by replacing the current cost-sharing arrangement for Medicaid with federal per-capita grants to limit federal spending on the program.
