Millions will lose Medicaid coverage, hospitals’ uncompensated work will increase and insurers will lose big business.

Trump’s new spending bill slashes Medicaid, risking hospital closures and loss of coverage for millions across the U.S.

Employers should expect to see hikes to their healthcare costs as a result of upcoming cuts to Medicaid outlined in the Trump administration's One Big Beautiful Bill, passed into law at the start of July. Preparing for the ripple effects now can help benefit leaders reduce the connected negative impact on their workforce.