… expensive health care as rates get go way up without the premiums and they'll find themselves out of luck. Medicaid is part of a larger health care system you know, Hospitals, about a quarter of their income relies on Medicaid reimbursements, nursing homes, probably 75, 77% of the cost of nursing homes comes from Medicaid. And of course, this will hurt not just individuals, but we find rural hospitals that might find themselves just being shut down, urban hospitals that will close their maternity wards. (06:57–07:14)
CLAIM
Asserts that hospitals and nursing homes heavily rely on Medicaid for income.
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