Obamacare to save U.S. hospitals $5.7 billion in uncompensated care: government

September 24, 2014 8:05 PM

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Obamacare to save U.S. hospitals $5.7 billion in uncompensated care: government

WASHINGTON (Reuters) - The Obama administration on Wednesday said it expects expanded health coverage under the Affordable Care Act to save U.S. hospitals $5.7 billion this year on the cost of caring for uninsured Americans.

A report by the U.S. Department of Health and Human Services said nearly three-quarters of the savings, $4.2 billion, would occur in states that have opted to expand the Medicaid healthcare program for the poor as part of the law, popularly known as Obamacare.

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