Hospitals warn Trump: Price’s plan to repeal ACA will cost us $165 billion

AdSense

Enlarge (credit: KOMUnews)

Leading hospital groups teamed up to warn President-elect Trump this week that repealing the Affordable Care Act could spark an “unprecedented public health crisis,” and cost the hospital industry billions of dollars.

The two hospital trade groups—the American Hospital Association (AHA) and the Federation of American Hospitals (FAH)—even commissioned a study by an outside economics consulting firm to put real numbers to the losses. Their study, conducted by the Dobson | DaVanzo firm, modeled what would happen if the government enacted the ACA-demolishing legislation introduced by Trump’s nominee for Secretary of Health and Human Services, Tom Price (R-Ga.); the legislation was vetoed by President Obama in January.

The study’s verdict: 22 million people would lose insurance by 2026, which would cost hospitals $165.8 billion. And, because the legislation wouldn’t undo certain payment cuts created by the ACA, hospitals would lose an additional $102.9 billion.

Read 6 remaining paragraphs | Comments

Powered by WPeMatico

eBay