With each passing day it becomes more and more clear — as if it wasn’t from the get-go, when Republicans initially began objecting to Obama’s advocacy for a Republican-created health insurance reform plan — that the GOP’s objections to “ObamaCare” have nothing to do with the plan itself and everything to do with the fact that they didn’t pass it.
No matter that we’d prefer to see a single-payer plan, where every American enjoys a right to receive good health care, the Affordable Care Act’s success in seeing millions of previously-uninsured Americans become insured is no longer debatable by serious people.
And now we begin seeing the upside for corporations like private hospitals as well…
LifePoint Hospitals reported that the percentage of its patients paying for their own care declined from 7.1 percent to 4.8 percent over the last year, according to Bloomberg.
Those trends have led to a brightening financial outlook for the companies, according to Bloomberg. Both HCA and LifePoint increased their fiscal forecast recently as the increase in paying customers became clear. LifePoint specifically estimated that Obamacare added $13 million to its total earnings in the second quarter, 40 percent above its expectations.
Sounds terrible. No wonder Republicans are “furious” about it.
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