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Budget cuts will hike health insurance, hospitals warn

Published on Tuesday, February 09, 2010
By SHIRA SCHOENBERG Monitor staff

CONCORD MONITOR - State hospitals and health care providers are still calculating the impact of impending cuts to their funding. But, they warn, providers will not shoulder the cuts alone. Eventually, the cost of the services will be borne by average people through higher insurance premiums. "There's always a constant issue of cost shifting," said Susan Bryant, director of community relations at New London Hospital. "If something costs the same for two different patients, how do you make up the difference when you're not reimbursed for the service for one of them?"

On Friday, Health and Human Services Commissioner Nicholas Toumpas laid out a series of cost-cutting measures needed to fill an expected $43 million shortfall in the department's budget for fiscal year 2010. The shortfall was due mostly to higher-than-expected caseloads. Medicaid reimbursements for hospitals, child-care subsidies and nursing homes were among the areas hardest hit   Read Full Article...

 
 

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