Medicare in Crisis: The Medical Suppliers

ObamaCare’s huge cuts to Medicare and Medicaid will especially hurt rural hospitals. “Nestrick said President Obama’s health care plan likely will end up costing his business and others in rural areas more money because the plan focuses on sending more patients to larger, city-based clinics where they can receive cheaper medical services.” The new medical device tax will be passed on to patients, raising the costs of care and reducing innovation in the industry.