Thursday, May 15, 2014

Obamacare Is Not Driving Hospitals Bankrupt

One of the most intuitively appealing arguments for ensuring that everyone has health insurance is the claim that uninsured patients crowd emergency rooms but don’t pay their bills. Hospitals present these bills to government, and taxpayers end up paying. In fact, that cost is a trivial share of health spending.

Another myth is that emergency departments are cost centers. In fact, they are profit centers. And Obamacare will increase their profits significantly.

Read the entire column at The Independent Institute's Beacon blog.

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