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Illinois to Slash Medicaid by $2.7B
Illinois Gov. Pat Quinn released next fiscal year's budget, which will include roughly $2.7 billion in cuts to the state's Medicaid program, according to a Chicago Tribune report.Gov. Quinn did not release specifics on which parts of Medicaid will be cut and said that he will work with lawmakers to find ways to pay the program's bills and keep it from collapsing.
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In response, the Illinois Hospital Association released a statement saying it is "disappointed by the Governor's proposal to cut $2.7 billion from Illinois' Medicaid program. This proposed cut, which is equal to 18 percent of total spending on Medicaid, will harm all Illinois residents."
The IHA added that if these large-scale cuts are made to Medicaid, many hospitals in the state may be forced to eliminate some services, lay off staff or close their doors altogether.
Related Articles on Medicaid Cuts:
Arizona Supreme Court Finalizes Medicaid Cuts
How Should Hospitals Work Around Medicaid Payment Cuts This Year?
President Obama's FY 2013 Budget Cuts Healthcare Spending by $360B
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