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

St. John’s Shifting Its Psychiatric Focus

Updated
saint john's

Psychiatric ward will focus on elderly patients

in Local

Classes Resume at North Mac Intermediate School Carbon Monoxide Free

carbon_monoxide

Classes resumed Thursday at North Mac Intermediate School, two days after a carbon monoxide leak sickened more than 140 students and adults.

in Election 2014, Local

Illinois Unemployment Rate Falls; Quickly Turns to Political Fodder

unemployment

Illinois unemployment fell in August to 6.7 percent.

in Election 2014, Local

Libertarian Gov. Candidate to Stay on November Ballot

chad_grimm

A Sangamon County judge on Thursday rejected the Republican Party's attempt to have a Libertarian candidate for Illinois governor struck from the Nov. 4 ballot.

in Election 2014, Local

Rauner: Ethics Problems Are Quinn’s, Not Mine

Bruce Rauner (R), Pat Quinn

Rauner's firm owned a company which settled fraud charges with Georgia