
Senate-Passed “One Big Beautiful Bill” Proposes $930 Billion in Healthcare Cuts, Medicaid Changes
On July 1, the U.S. Senate passed a sweeping tax and spending bill with far-reaching consequences for the healthcare industry. With $930 billion in cuts targeting Medicaid and ACA programs, and 11.8 million coverage losses projected, payers and providers face potential disruptions to reimbursement, compliance, and value-based care operations.