Medicare and Medicaid
A New Government-Run Plan Would Impose Significant Financial Losses on California Hospitals
Published in Managed Care Law Weekly, August 2nd, 2009
Many California hospitals would face substantial net losses if there were a large scale shift of individuals with private coverage to a government-run plan that reimburses providers at Medicare rates or Medicare rates plus 10 percent, according to a new hospital-by-hospital analysis released by America's Health Insurance Plans (AHIP), based on data from California's Office of Statewide Health Planning and Development (OSHPD).
"California hospitals have long supported the goal of comprehensive health care reform," said C. Duane Dauner, President and CEO of the California Hospital Association. "Hospitals know firsthand the high cost of today's fractured health care...
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