Tuesday, August 31, 2010
Unintended Consiquenses of ObamaCare
Reimbursement to doctors and hospitals are cut 26%, placing additional burden on country owned local hospitals across the country.
From the Wall Street Journal:
Faced with mounting debt and looming costs from the new federal health-care law, many local governments are leaving the hospital business, shedding public facilities that can be the caregiver of last resort.
The county has raised property taxes in recent years to bolster the hospital, which spends more than $1 million just to pay emergency-room physicians
In the first half of 2010, there were 25 deals involving 53 hospitals that were bought or merged, for a total of $3.1 billion, according to Levin Associates.
Lower reimbursements lead to fewer public owned hospitals, a reduction in health care access in many rural communities. and fewer places that will accept government health insurance.
Maybe now that Democrats have passed their bill 'so the public can find out what's in it', polls show a continued slide in support for Obama/Pelosi health care "reform".