We have been repeatedly told by the Democrats and their toadies in the “news” media that Obamacare has dramatically reduced the uninsured rate. If that is true, then why is the percentage of uninsured admissions to hospitals going up, and why are they laying health care workers off across the nation? And this is by no means limited to small rural facilities in obscure localities. It includes the best run, largest hospital chains in the nation.
HCA Holdings, for example, is experiencing a significant increase in uncompensated care. Forbes reports that the CEO of the 177 hospital chain recently told the company’s shareholders, “We’re seeing roughly a 4% to 5% growth in uninsured admissions.” Likewise, the CEO of Tenet Healthcare told its shareholders, “In our hospitals, volumes have been softer than anticipated and an increase in uninsured revenue has resulted in upward pressure on uncompensated care expense.”
Obamacare advocates claim that this phenomenon is restricted to states that failed to expand Medicaid according to the stipulations of the “reform” law. This is obviously fiction, however. Both HCA and Tenet own facilities in expansion states as well as states that declined to take the bait. Nor does this specious explanation account for widespread hospital layoffs in states that did expand Medicaid.
Becker’s Hospital Review reports that dozens of facilities had, by the end of May, already handed pink slips to thousands of employees in both expansion and non-expansion states. The carnage has, for example, spread like a plague in Medicaid expansion states like California, Massachusetts, Michigan, New Jersey, Connecticut, New Mexico, Kentucky, North Dakota, Louisiana, Washington, Iowa, Indiana, Minnesota, Ohio, New York, ad infinitum.
So, what precisely is wrong with this picture? Obamacare’s apologists say it has greatly reduced the uninsured rate, yet there are at least 27 million Americans who remain without insurance, hospitals are experiencing increases in uninsured admissions, and health care layoffs are leaving people unemployed all across the country.
Perhaps, I’m just a cynical guy. But I get the feeling that Obamacare’s pimps are still lying after all these years.