Somehow, I don’t think Donald Trump or Republicans care about the financial impact of their planned Obamacare repeal. To them, the politics of repeal play better. It gives them something to brag about when they go back home to their constituents.
But there are consequences to repealing the law, and hospitals have issued a warning.
The nation’s hospital industry warned President-elect Donald Trump and congressional leaders on Tuesday that repealing the Affordable Care Act could cost hospitals $165 billion by the middle of the next decade and trigger “an unprecedented public health crisis.”
The two main trade groups for U.S. hospitals dispatched a letter to the incoming president and Capitol Hill’s top four leaders, saying that the government should help hospitals avoid massive financial losses if the law is rescinded in a way that causes a surge of uninsured patients.
The letter, along with a consultant’s study estimating the financial impact of undoing the Affordable Care Act, makes hospitals the first sector of the health-care industry to speak out publicly to try to protect itself from a sharp reversal in health policy that Trump is promising and congressional Republicans have long favored.