In the discussions about how to fix our broken health care system, much has been made on how much it would cost the state to take up the Affordable Care Act’s new Medicaid guidelines.
But an editorial in today’s Lincoln Journal Star shines a light on the huge cost of uncompensated care that hospitals and insurance companies pass on to people who do have insurance in the forms of higher insurance premiums. They refer to it as a “silent tax.”
Those costs – which a recent UNMC study says could be cut by $650 million with the new Medicaid program – are a big reason our health insurance costs continue to go up. Lowering the cost of uncompensated care is just one reason implementing the new Medicaid guidelines would have a positive economic effect in Nebraska.