Illinois Expanded Medicaid—What Now?
ILLINOIS (KMOX) - Yesterday, Missouri hospitals blamed nearly 1,000 layoffs, a hiring freeze, and delays in capital projects, on the state legislature’s refusal to expand Medicaid.
Meanwhile, Illinois has expanded Medicaid.
So, how are hospitals there faring?
A third of Illinois hospitals are operating in the red and 10 percent are operating on razor-thin margins, but Illinois Hospital Association spokesman Danny Chun says Medicaid expansion is giving them a stable, predictable funding source.
Plus, he says it’s making sure they get paid for the services they provide to the hundreds of thousands who didn’t have insurance.
“350,000 Illinoisans who previously were not able to pay for their coverage will now have coverage,” he says. “So that makes a big difference, and a big impact.”
Chun says the expansion is pumping $2 billion a year into the state, most of which will go to hospitals and other healthcare providers.
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