Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
“Health system officials have said that bad debt is mainly related to patients who would have qualified for charity care but did not complete the required paperwork.” This is a level of sloth that is absurd. Our taxes will rise steeply because a bunch of people are so lazy and ungrateful that they can’t even fill out paperwork that pays the hospital and its employees FOR them? And, we were told that the ACA would “fix everything.” That program is an astounding failure. Why pay any ACA premiums when you can just walk in, get your “free” care (it’s my… Read more »
There’s a number of other gems in this article too!: “Health system officials initially attributed the increase in uncompensated care partly to unaffordable, high-deductible health insurance plans offered on the insurance marketplace created by the ACA.” ~ So Democrats passed the disaster known as ACA – without a single Republican vote – and now they claim they alone can fix the very problem they created. Insane, just insane. Like we’d ever trust that party again with health care. and yet, some still do! “They also suggested that other hospitals were increasingly referring uninsured patients to the health system.” ~uh-huh. Isn’t… Read more »