The Patient Protection Affordable Care Act could cost hospitals in the state as much as $1.3 billion in lost payments over a 10-year period, with $31.5 million expected to be incurred between now and Sept. 2013, according to the report.
These findings accompany a flurry of updates regarding the potential costs of the PPACA. Aetna, Regence Blue Cross Blue Shield and other health insurance carriers recently announced rate increases due to new benefits mandated by the law, according to a Boston Globe report (note: this report is no longer available on the Boston Globe’s report).
Along with raising costs for hospitals and insurance carriers, the PPACA is playing an increasingly large role in campaign strategy. Since the overhaul has lost support among the public, GOP candidates are touting opposition to gain an advantage over Democratic opponents who supported the bill.
Read the 59-WVNS News report on West Virginia hospitals.
Read more about healthcare reform:
–WebMD and HHS Secretary Sebelius Answer Questions About New Affordable Care Act Provisions
–Sale of Mercy Health Partners Not Political, Says CEO
–Some GOP Governors Refusing Reform Funding
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