Hospitals “Worried” About Exchanges
According to Arkansas Business, hospitals in the state are “worried about the impact of insurance exchanges” now that we’re into the first week of changes mamdated under the Affordable Care Act/Obamacare.
While hospital executives across the state welcomed the opening of the health insurance marketplace, several said they were worried about its financial impact.
BJ Roberts is assistant vice president of fiscal services at Searcy’s White County Medical Center. He says payments for treating newly insured patients might not be enough to cover the constraints applied to Medicare reimbursements that were made to help pay for the Affordable Care Act.
And here we thought the reason our Legislators shoved the private option down the throats of Arkansas taxpayers was because “hospitals couldn’t afford to stay in business” otherwise. We remember our conservative legislators offered that as a critical explanation for implementing private option.
It’s a head scratcher, for sure!