Repealing ACA With No Substitute Could Cost $166B

///Repealing ACA With No Substitute Could Cost $166B

Repealing ACA With No Substitute Could Cost $166B

The American Hospital Association (AHA) and the Federation of American Hospitals (FAH) published a press release to President-elect Trump and Republican Congressional leaders regarding the effects of repealing the Affordable Care Act (ACA) with no immediate plan in place.

In the press release, the two groups stated that the repealing of the ACA with no substitute in line would impact hospitals across the nation with a $166 billion loss within 2018 through 2026, with the restoration of the Medicare and Medicaid Disproportionate Share Hospital (DSH) cuts. Medicaid’s DSH program was made to balance the hospital care costs that aren’t compensated and permits stats to distribute funds.

Hospitals will also see a loss of $290 billion in Medicare inflation updates if there are no payment reductions under the ACA. Lastly, the AHA and FAH conclude that if the Medicare and Medicaid Disproportionate Share Hospital cuts kept, the amount would be $103 billion.

The AHA and FAH also worked with a healthcare economics firm to create a report containing the implications of repealing the ACA with no plan in place. In the report, that stated that the number of uninsured people will rise to 22 million by 2026. They allude to a public health crisis due to the massive loss of health insurance coverage.

Read the original article from Revenue Cycle Insights here.

 

 

By | 2016-12-16T10:46:44+00:00 December 16th, 2016|Articles, Government Mandates and Compliance|0 Comments