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Hospitals have 'agreement' to support ObamaCare? Who's looking out for the people? Who's playing politics?

Recall that the White House and hospital industry officials announced in July that the industry had agreed to contribute $155 billion in cost savings over 10 years to help pay for the administration’s health care overhaul effort. At the time, some critics of the administration wondered what the hospitals expected in return.
The breakdown estimates that the industry will receive about $171 billion in additional money over those same 10 years as a result of reimbursements for newly insured patients who would be covered under the overhaul plan. In other words, the hospitals would give up $155 billion in cost cuts, but take in $171 billion in new money — a net gain of $16 billion.

Answer Question
 
grlygrlz2

Asked by grlygrlz2 at 8:53 AM on Aug. 25, 2009 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (10)
  • What’s more, the Tennessee association notes that the deal delays most of the industry’s cost givebacks until the second half the agreement’s 10-year year period — well after the hospitals have enjoyed some of the benefits of the new money they’re expecting from expanded insurance coverage.


     In other ways, the agreement appears to protect the hospitals from cuts they might have sustained anyway. And about $103 billion are agreed-upon reductions to the growth of certain reimbursements that might have taken place anyway. The association noted that similar cuts took place in seven out of the eight years through 2003.

    grlygrlz2

    Answer by grlygrlz2 at 8:54 AM on Aug. 25, 2009

  • grlygrlz2

    Answer by grlygrlz2 at 8:55 AM on Aug. 25, 2009

  • I have a feeling the government is paying off certain people. Do you?
    Anonymous

    Answer by Anonymous at 9:15 AM on Aug. 25, 2009

  • a net gain of $16 billion


    I am sure of it anon :15.

    QuinnMae

    Answer by QuinnMae at 11:24 AM on Aug. 25, 2009

  • Of course he is. Also special favors for Unions, Pharmaceuticals and many community organizations, Apollo, Acorn & Organizing for America etc. He is buying off these people fo further is agenda. Talk about a good old boy system.
    itsmesteph11

    Answer by itsmesteph11 at 11:31 AM on Aug. 25, 2009

  • Buying them with what though? We are broke. Is he planning on increasing taxes to pay these organizations off with our tax dollars?
    Anonymous

    Answer by Anonymous at 11:36 AM on Aug. 25, 2009

  • Yep look at the CORRUPTION it is all sooooooooooooooooo nauseating.
    tnmomofive

    Answer by tnmomofive at 12:02 PM on Aug. 25, 2009

  • But yet sooo many liberals blindly look the other way... Pathetic
    grlygrlz2

    Answer by grlygrlz2 at 12:15 PM on Aug. 25, 2009

  • Yep grly they are still too busy bitching about gwb..and they so badly want our country to be torn down and built back to their 'utopia' :eye roll:
    tnmomofive

    Answer by tnmomofive at 12:50 PM on Aug. 25, 2009

  • He has to be paying people for the fact, remember him dissing the Pharma companies. He said during his campaigns, that he is going to make them supply more generic brand drugs. That would cost Pharma companies TONS of money so why are they sponsoring his ad's for health care reform?
    Crissy1213

    Answer by Crissy1213 at 3:28 PM on Aug. 25, 2009

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