Tuesday, September 30, 2014

Hospitals will save $5.7 billion this year because of Obamacare

http://www.dailykos.com/story/2014/09/24/1332178/-Hospitals-will-save-5-7-billion-this-year-because-of-nbsp-Obamacare?detail=email#

A motion blurred photograph of a patient on stretcher or gurney being pushed at speed through a hospital corridor by doctors & nurses to an emergency room.

The expansion of health insurance and Medicaid across the country has reduced the number of unpaid hospital bills dramatically, according to a new report from Health and Human Services on the progress of the law. The agency projects the savings to the nation's hospitals for 2014 alone will be $5.7 billion. In the states that have expanded Medicaid, unpaid bills have fallen by one third.
“Hospitals have long been on the front lines of caring for the uninsured, who often cannot pay the full costs of their care,” said HHS Secretary M. Sylvia Burwell. “Today’s news is good for families, businesses, and taxpayers alike.  It’s yet another example of how the Affordable Care Act is working in terms of affordability, access, and quality.”
Projections from today’s report suggest that hospitals in states that have expanded Medicaid under the Affordable Care Act will see greater savings than hospitals in states that have not expanded Medicaid. Hospitals in states that have expanded Medicaid are projected to save up to $4.2 billion, which makes up about 74 percent of the total savings nationally this year.  Hospitals in states that have opted not to expand Medicaid are projected to save up to $1.5 billion this year, and which is only 26 percent of the total savings nationally.
 Chart from HHS showing amount of uncompensated care for states that did accept Medicaid expansion vs. those that did not.

for those out there who are thinking of voting republican just another POV this is what they've lied to you about and tried to dissuade you to stay in the barrel of disillusioned ins. policy holders of pre ObamaCares.  those graphs below the line would be still above the line had they been elected, with all you've herd and seen as to their treatment of "we the people" the blatant lies and they are still telling them today who do you trust your lying eyes and ears or right wing propaganda?