RE: Two Reasons The Republicunts Will Hate This
August 5, 2015 at 7:56 pm
(This post was last modified: August 5, 2015 at 7:58 pm by Lek.)
(August 2, 2015 at 6:51 pm)Minimalist Wrote: 1. It shows that the Affordable Care Act is working, and
2. It was written and published in Forbes which means they are TRAITORS!!!!
http://www.forbes.com/sites/brucejapsen/...ls-vanish/
Quote:As hospital operators begin to report second period earnings — the sixth consecutive quarter of new revenue from once uninsured patients — the number and size of unpaid medical bills continues to fall thanks to the Affordable Care Act. The health law last year began to provide subsidized private health insurance coverage on public exchanges and expanded Medicaid for poor Americans. With increasing numbers signing up to private coverage and more states opting to expand Medicaid in the last 18 months, hospital companies are seeing expenses for charity and uncompensated care fall.
(P.S. - this is why even if the Republicunts win, Obamacare ain't going anywhere. Rich corporate cocksuckers are getting rich off of it.)
Of course the number and size of unpaid medical bills have gone down. The public is now paying the medical bills through higher premiums or tax penalties and totally paying for medicaid. The hospitals are now reaping more profits. Hopefully, they will lower their fees in response, but I won't hold my breath waiting for that. As usual, taxpayers shoulder the burden to support obamacare.