Tuesday, August 25, 2009

$16 Billion

clipped from hotair.com
Among the ostensible motivations for health-care reform, cost savings from treating the uninsured ranks the highest and most understandable.  Reformers argue that the uninsured wind up in emergency rooms, getting the most expensive treatment possible

The New York Times looks at the numbers behind the endorsement of ObamaCare by hospitals, where a nugget of information contradicts the notion that this small minority of Americans creates that much of a problem:

Now a cost-benefit breakdown quietly posted on the Web site of the Tennessee Hospital Association helps fills in the answer.

The breakdown estimates that the industry will receive additional money of about $171 billion over those same 10 years as a result of reimbursements for newly insured patients who would be covered under the overhaul plan. In other words, the hospitals would give up $155 billion in cost cuts, but take in $171 billion in new money — a net gain of $16 billion.