News

Hospitals Stand to Lose If You Go without Insurance

Hospitals Stand to Lose If You Go without Insurance

If too many people choose to live without health insurance after the deadline for buy coverage passes this month, hospitals around the state may be hurt financially.

That’s because under the Affordable Care Act, federal reimbursement to hospitals which treat many uninsured patients will be cut. The justification is that there will be fewer people without coverage thanks to the law.

That worries hospital executives such as Mark Newton (pictured) of Chicago’s Swedish Covenant Hospital, who fears that even if enrollment in Illinois meets projections, his hospital and others may have to make cuts.

“Unless enrollment rates pick up, storied hospitals may be forced to cut back services and cut back employment levels,” Newton said.

Newton says he has long been concerned that the projected enrollment was already too low to avoid this problem.

The hospitals that would feel the effects are ones that treat a greater share of uninsured patients, usually located in poor urban or rural areas. Newton says his hospital will lose $10 million in federal funds.

 

Recent Headlines

in Local

Higher Speed Limits Expanding to Tollroads: Senate Overrides Vetoes

speed limit 70

The Illinois Senate has overridden the governor's vetoes of bills raising speed limits in Illinois.

in Local

Supreme Court Decision: Illinois May Have To Set Up Its Own Website

online-health-620x400

Illinois may have to set up its own insurance webpage because of U.S. Supreme Court's ruling on Affordable Care Act.

in Election 2014, Local

Governor-Elect Rauner Prepares To Take Reins of Illinois’ Government

governor's mansion

Governor-Elect Bruce Rauner busies himself with plans for taking reins of Illinois' government.

in Local

Heroin Kills: Man Sentenced To 24 Years For Dealing Lethal Drug

heroin

A Pekin man is given 24 years in prison for selling heroin that prosecutors say killed at least three people.

in Local

Springfield Fire Captain Arrested for Wielding Gun

gun

The Menard County Sheriff's office says a Springfield Fire Department captain has been arrested for carrying a shotgun into a rural Athens home and threatening residents.