CBO: 10.3M Americans Will Lose Medicaid Coverage by 2034

The Medicaid portion of House Republicans’ “one big, beautiful bill” covering President Donald Trump’s legislative agenda targeting tax cuts, energy, and border security would lead to millions losing coverage of the healthcare safety net for low-income individuals, according to estimates.

Republicans released the latest partial estimates by the Congressional Budget Office shortly before the House Energy and Commerce Committee’s markup hearing for its portion of the bill, Politico reported Tuesday. The CBO estimated that 10.3 million would lose coverage under Medicaid and the Children’s Health Insurance Program, and 7.6 million would be uninsured by 2034.

But the estimate also includes 1.6 million under Medicaid and CHIPS who had been covered in two states simultaneously who would be unenrolled from the state they no longer reside in but would retain coverage in the state of their current residence; and 1.3 million who had been dual-eligibles who would lose their Medicaid coverage and retain their Medicare coverage.

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