3 cash-strapped states are making deep Medicaid cuts as coronavirus devastates budgets - Business Insider

Three states are scaling back their Medicaid spending as demand for the health insurance program grows with the tidal wave of layoffs causing workers to lose their health insurance.Officials are calling for federal aid to states and a boost to the government's share of Medicaid spending.

Republican Gov. Mike DeWine of Ohio announced on Tuesday the state would cut $210 million in Medicaid spending over the next two months. Colorado and Georgia are also taking similar steps. "The cruel nature of the economic downturn is that at a time when you need a social safety net is also the time when government revenues shrink," DeWine said at the press conference. In Georgia, Republican Gov.

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