September 27, 2014

Thanks To Obamacare, Hospitals Will Save Nearly $6 Billion This Year

www.thinkprogress.org/health/2014/09/25/3571964/obamacare-uncompensated-care-savings/
"Hospitals will save $5.7 billion in uncompensated care costs this year, thanks to the fact that people are gaining insurance under Obamacare and are now able to pay their bills, according to a new report from the Department of Health and Human Services. Compared to what hospitals would have likely needed to pay without the law’s coverage expansion, that represents a 16 percent drop in costs.
The report finds that there are now fewer uninsured people going to the emergency room and being admitted to the hospital — which translates into big savings for hospitals."