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Monday, March 03, 2014

ObamaCare May Put 40% Of Home Health Care Providers Out Of Busimess

We had to pass the bill to find out what’s in it. Also destroy health care in America.

Sebelius herself, using discretion granted her by the Affordable Care Act, cut the maximum allowed by law from home health care funds. The cuts were deep enough that officials offered a damaging prediction of the impact saying, it was estimated that approximately 40 percent of providers would have negative margins.

And companies with negative margins don’t last long — or have to cut workers.

In fact, those cuts put in jeopardy 498,000 jobs of home health care workers who work just for that 40 percent of firms that will be forced into the red — the kind of home health workers who allow Yvonne Wightman, 98, to avoid expensive hospital or nursing home stays by getting care at home.

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3 comments:

Anonymous said...

Does this surprise anyone?

Anonymous said...

Isn't Obama special...

Anonymous said...

It's okay, though, because Obamacare increased employment by 10,000 new government administrators in charge of ruining these jobs! It's just a "shift" in employment opportunities!