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Old 10-04-2009, 12:17 PM   #1061
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
PNHP's study found that the state's 2006 reforms, instead of reducing costs, have been more expensive. The budget overruns have forced the state to siphon about $150 million from safety-net providers such as public hospitals and community clinics.

Many low-income residents who used to receive free care now face co-payments, premiums and deductibles under the new system - financial burdens that prevent many from receiving necessary medical treatment, the study said. Since the state's reforms passed, premiums under the state insurance program have increased 9.4 percent. The study found that a middle-income person on the cheapest available state plan could end up paying $9,872 in premiums, deductibles and co-insurance for the year.

"We are facing a healthcare crisis in this country because private insurers are driving up costs with unnecessary overhead, bloated executive salaries and an unquenchable quest for profits - all at the expense of American consumers," said Sidney Wolfe, MD, director of Public Citizen's health research group. "Massachusetts' failed attempt at reform is little more than a repeat of experiments that haven't worked in other states. To repeat that model on a national scale would be nothing short of Einstein's definition of insanity."
http://www.healthcarefinancenews.com...system-failure
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