THREAD: Biden’s Bright Idea During Coronavirus: Let’s Hurt the Hospitals
While President Trump has moved quickly to secure emergency funding, Joe Biden has been pushing a plan that would slash revenues for health care providers & push them to the brink.
gop.com/bidens-bright-…
While President Trump has moved quickly to secure emergency funding, Joe Biden has been pushing a plan that would slash revenues for health care providers & push them to the brink.
gop.com/bidens-bright-…
Financial issues plaguing hospitals were compounded by coronavirus.
Elective procedures are the financial foundation for many hospitals & when they were forced to stop, hospitals “immediately started hemorrhaging revenue”
Hospitals have been forced to lay off staff & cut hours.
Elective procedures are the financial foundation for many hospitals & when they were forced to stop, hospitals “immediately started hemorrhaging revenue”
Hospitals have been forced to lay off staff & cut hours.
President Trump acted quickly, working with Congress to secure nearly $200 billion in emergency funding for hospitals.
The Trump Admin was able to quickly distribute an initial $30 billion to provide immediate relief.
The Trump Admin was able to quickly distribute an initial $30 billion to provide immediate relief.
In contrast, Joe Biden’s government-run health care proposal would slash payments to hospitals, costing them billions.
His government-run plan would also cover costs for illegal immigrants.
His government-run plan would also cover costs for illegal immigrants.
Biden’s plan would funnel millions of Americans into his government-run plan, and the vast majority would switch from private insurance plans.
This means payments to hospitals would be significantly lower than they are currently.
This means payments to hospitals would be significantly lower than they are currently.
The American Hospital Association found that the government’s payments to hospitals “fall below the cost of providing care,” meaning that hospitals are losing money by treating patients with government health care.
The transition away from private insurance would force hospitals to treat millions of new patients at government rates and “compound financial stresses” they are already facing.
