Except in Nevada, that is. In a July 21 letter to U.S. Secretary of Health and Human Service Kathleen Sebelius, the Senate Majority Leader complains that ObamaCare’s cuts to Medicare will “result in a net reduction in payment to Nevada’s hospitals when they are unable to absorb such a cut.” Furthermore, he questions the method used by the Centers for Medicare and Medicaid Services to calculate the payments to hospitals, and is “very concerned about potential effects on beneficiary access if this regulation is finalized without adjustment.”
Did Senator Reid finally read the bill, almost four months after passing it and a year after masses of Americans began to demand that Congress do so?
A week after Senator Reid wrote his letter, the Government Accountability Office confirmed that 70 percent of Federally Qualified Health Centers already had costs that were higher than their reimbursements in 2004, a share that had been climbing since 1997.
ObamaCare will wreak further havoc on these reimbursements, and this should be no surprise for anyone in Congress. On March 20, the Congressional Budget Office (CBO) estimated that the government would capture about half the cost of ObamaCare through 2019 ($455 billion) by cutting back payments to hospitals and other Medicare providers.