Comment: Isn’t it amazing? Despite billions in borrowed federal money added to the national debt pouring into states, they’re worse off than before! Now that’s Obamacare you can believe in!
“[...]Kentucky hospitals received $506 million more in Medicaid reimbursement since January 2014 because of the expansion and that the expansion generated more than 12,000 new jobs in health care and related fields.”
“But a report last month by the Kentucky Hospital Association said Obamacare overall has left them facing billions of dollars in cuts and forced them to lay off staff and shut down services. Most of the newly-insured in the relatively poor state enrolled in Medicaid, which hospital officials said now pays 82% of the actual cost of treating patients. So even though hospitals are getting $506 million more in Medicaid payments, officials said, it costs $617 [million] to provide care to those patients.”
White House: Medicaid expansion would save billions, 5,200 lives
Jayne O’Donnell and Laura Ungar, USAToday June 4, 2015