Bloomberg Law - Proposal would take 36.5 million people out of private health insurance, hospital lobbies say
Legislation would result in $1.2 trillion in lower payments to hospitals and health-care providers over 10 years, study saysSome 36.5 million Americans now covered by employer-sponsored or individual health insurance would likely switch to Medicare by 2024 if a bill to create a low-cost public health option becomes law, two high-powered hospital associations said March 12.
Under the Medicare-X Choice Act (S. 1970), introduced by Sens. Michael Bennet (D-Colo.) and Tim Kaine (D-Va.), most people would be able to buy a low-cost public health plan on the Affordable Care Act exchanges, and providers would be reimbursed...>>>
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