Meanwhile, ObamaCare Penalties for Excessive Hospital Re-admissions of Seniors Quietly Kick In
Some lively back and forth with regard to the impact of ObamaCare on Medicare.
Republicans have pointed out that ObamaCare cuts $700+ billion from Medicare.
Democrats and the Obama campaign have responded variously by denying this assertion and/or saying that this amount would be found by cracking down on waste, fraud and abuse and from eliminating subsidies to insurance companies. (Sidebar: Really? $70 billion dollars per year of Medicare funds goes to these items? What happens to the availability of care to seniors when Medicare withdraws these “subsidies” from insurance companies? And if Medicare waste, fraud and abuse is such a significant amount that it can be cited as a revenue source for another program, why do we have to wait for ObamaCare to fully implement in order to crack down on it?)
But as the discussion continues, ObamaCare is already impinging upon Medicare.
In Rhode Island, nine hospitals will be penalized a total of $1.6 million in Medicare funds, for Funding Year 2013, out of about a total of $600 million in Medicare funds, according to Edward J. Quinlan, president of the Hospital Association of Rhode Island.
Why are they being penalized?
Penalties for what the federal government deems high readmissions will be no more than 1 percent in the year beginning in October, 2 percent the following year, and 3 percent the year after that, under the Affordable Care Act.
Some 2,211 hospitals in the nation will lose some degree of reimbursement …
So to reiterate. ObamaCare has ordered that hospitals be penalized Medicare funds if hospitals re-admit seniors too quickly.
Then-Speaker Nancy Pelosi said in 2010:
But we have to pass the bill so that you can find out what is in it
In addition to the $700+ billion cut from Medicare mandated by ObamaCare, Speaker Pelosi, we’re now “finding out” that ObamaCare is negatively impacting Medicare in another specific way – hospital stays for seniors. If ObamaCare continues to roll out, how many other similarly questionable items will turn out to be in it?