The article reports:
How did home health care save money for taxpayers? Using 2009 as a reference year, Medicare’s average Part A and Part B payment for a home health care visit was $145, compared to $373 per day in a skilled nursing facility or a whopping $1,805 per day in a hospital. In addition, according to one leading expert, skilled home health care services saved the Medicare program $2.8 billion during the most recent three-year period. Approximately $670 million of that savings is attributable to 20,000 fewer hospital readmissions.
This is either extremely short-sightedness, or another attempt by the Obama Administration to cut the amount of healthcare available to senior citizens. It doesn’t save money–it just takes healthcare away from our most vulnerable citizens.
The article details the impact this will have on businesses that provide home health care:
It will hit the small businesses that provide home health care nationwide, and is already doing so. More than 90 percent of those providing home health care are small businesses. According to the U.S. Center for Medicare and Medicaid Services, 40 percent of these companies will be operating “at a loss” — that is, they will likely fold or end up in bankruptcy — by 2017 as a result of the cut. What does that mean? It means nearly 5,000 more Medicare home health care providers may go out of business, and nearly 500,000 more jobs within this flogged industry may be wiped out to fund Obamacare. Those who care about such things should put that into their future unemployment calculations — and then thank Mr. Obama and his congressional friends, who all got a waiver and probably do not worry about home health care anyway.
We will elect a new House of Representatives this year, and we will also get to vote for one-third of the Senate. We need to consider carefully who we vote for. The survival of the elderly in our country depends on our vote. ObamaCare will probably not be repealed as long as President Obama is in the White House and as long as the establishment Republicans have a strong voice, but it can be significantly changed.