Thats the consensus of a growing body of studies that suggest the economic fallout from the health laws partial demise would ripple through the entire economy, not just the health care sector. Josh Bivens, Director of Research at the Economic Policy Institute , estimates the proposed repeal would eliminate nearly 1.2 million jobs for 2019. Most of the job cuts would result from two factors: the loss of federal spending for premium tax creditsthat help people pay for marketplace coverage, and the loss of spending for Medicaid services, particularly in 31 states and the District of Columbia which expanded eligibility for the program. Not a recession, but a noticeable slowdown. Josh Bivens, Economic Policy Institute, who predicts a loss of nearly 1.2 million jobs in 2019 if Obamacare is repealed Generally, job losses due to cuts in Medicaid spending would be greatest in those expansion states. In non-expansion states, job losses from the ACA repeal stem more from the loss of federal premium tax credits.
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