Kentucky Hospital Association officials say Kentucky hospitals will lose more than one billion dollars in revenues in the next ten years because of health care reform.
Because Kentucky has one of the lowest income levels in the nation, the majority of uninsured Kentuckians will be covered under Medicaid rather than private health insurance.
This will leave the state with 25 percent of its population on Medicaid.
The report also says that Kentucky hospitals will be losing almost three and a half billion dollars in
Medicare payments, which will outweigh the additional, expected revenue from the newly insured.
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