Democratic Sen. Barack Obama of Illinois likes to brag how Medicaid keeps its costs down.
it keeps its costs down by shifting them on to people who are not on Medicaid or Medicare.
And that is about to cost Blue Island, Ill., a 103-year-old hospital, St. Francis, the Chicago Sun-Times reported.
The government does not keep the promises it makes.
Every single government-run health care plan does the same thing: Cuts reimbursements and watches doctors leave and hospitals close in the wake.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, April 03, 2008
Medicaid “savings” kill an Illinois hospital
Don Surber reports:
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