How Trumpcare will push up the cost of insurance | Arkansas Blog

Monday, July 17, 2017

How Trumpcare will push up the cost of insurance

Posted By on Mon, Jul 17, 2017 at 1:26 PM

Now THIS could slow the Republican train forming for the Senate health legislation — resistance from major corporations. The cost of covering the millions of newly uninsured in uncompensated care will push up the cost of health insurance for those who have it where they work.

From the Washington Post:

David Lansky, president and chief executive of the Pacific Business Group on Health, a nonprofit organization whose members include Boeing, Chevron, Hewlett-Packard Enterprise, Intel, Walmart and the Walt Disney Company, told The Washington Post that the Senate proposal to repeal the Affordable Care Act could push the costs of providing health care to uninsured people onto employers and their workers.

“There are a couple of specific reasons continuing to support an effective Medicaid program and an individual market is important, and one of those is its importance to business,” Lansky said .

Approximately 177 million Americans receive insurance through employers. Until now those plans have been largely left out of the debate over the future of the Senate health bill, which would make long-term cuts to Medicaid, the government health program for the poor, and reshape the individual market where people buy their own coverage.

But if the bill is passed and more people are uninsured, or public sector programs facing federal funding cuts decrease their reimbursements, Lansky said hospitals will simply shift those costs onto commercially insured patients — namely employers and employees.
You think a Walmart lobbyist could get in to see Sen. John Boozman?

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