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"GOP Healthcare Bill Not Addressing Problems and Could Be Very Destructive" - Michelle Fox

  • CNBC Live
  • New York, NY
  • (2017-07-06 00:00:00.0)

Republican health-care proposals don't address the real problems and could potentially wind up being "very destructive" to large hospitals in urban areas, said Kenneth Davis, MD, president and CEO of the Mount Sinai Health System. GOP Leaders are still trying to garner enough votes to pass their bill in the Senate, while others in the party are putting forward their own ideas. “We’re going to be losing an awful lot of Medicaid and that’s going to provide the hospital systems with a lot more patients with uncompensated care,” said Dr. Davis. Plus, people with pre-existing conditions will also find they can’t afford their policies, he said. “The hospitals by law are going to take care of them and it’s going to be very difficult to see how hospitals that have already very small margins are going to survive in that environment. We are fundamentally not dealing with the basic problems in health care by these bills.”

- Kenneth L. Davis, MD, President, CEO, Mount Sinai Health System

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