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Not a great headline, some may interpret it as limiting payments by low income people.
We knew this was going to happen, we said it loudly since the idea was presented. Hospital income is 30-60% Medicare and Medicaid payments, rural and critical access hospitals representing the majority of those on the 60% side of things.
This is why the last couple of months had seen a quiet wave of layoffs across hospitals. Anticipation.
There’s no charity aspect here, even with the so called “nonprofit” versions. They can and willcut staff to skeleton crews (in unregulated states), and even shut down, once corporate fails to achieve requisite profits. Most clinics/PCPs are owned by venture capitalists now, so those clinics can shut down too.
Expect access to medical care to decline each and every time MAGA touches Medicaid or Medicare.