What happens when we lose healthcare coverage

This Marketplace episode examines the real-world consequences of massive Medicaid cuts and newly introduced work requirements, highlighting the bureaucratic obstacles, like complex paperwork, that cause eligible people to lose coverage. The episode draws on historical context to illustrate the effects of reduced Medicaid funding on vulnerable populations. Additionally, the report covers a decline in personal incomes and a corresponding consumer pivot from luxury to value-oriented spending. Finally, the show unpacks the preferred inflation measure of incoming Fed Chair Kevin Warsh and its implications for future monetary policy.