Monday, May 11, 2015

Federal Cuts Would Be Major Blow to New York City’s Public Hospitals, Comptroller Says

Federal Cuts Would Be Major Blow to New York City’s Public Hospitals, Comptroller Says-newyorktimes: New York City’s public hospital system is looking at a major cash squeeze within four years if federal cuts to hospitals serving large numbers of poor and uninsured patients take place as scheduled, according to a report by the city comptroller, Scott M. Stringer, to be released on Monday. Beginning in 2017, the federal government will begin cutting subsidies to those hospitals...But Mr. Stringer’s report says that the city’s hospital system will not benefit as much as expected from the Affordable Care Act insurance plans because the system continues to serve a high proportion of undocumented immigrants, who are not eligible for coverage under the act.