Medicaid insurers have serious concerns regarding the American Health Care Act, especially since it proposes a $880 billion cut to the program. (Photo: iStock)

The Republican plan to repeal and replace Obamacare is drawing strong opposition just ahead of a crucial House floor vote expected on Thursday, driven by the bill’s cuts to the Medicaid health program for the poor.

A group representing major Medicaid insurers said on Tuesday that it has “serious concerns” about the GOP bill, estimated to slash $880 billion from Medicaid. Governors, including some Republicans, are also warning that it could blow holes in their budgets and harm constituents.

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