Government officials have been predicting that jobs in the health care industry would be increasing due to the implementation of Obamacare and the projected 30 million Americans that would be signing up for coverage. Supposedly, thousands of jobs would be created in the healthcare industry but that does not seem to be the case.
Figures compiled by Challenger Gray and Christmas, an outplacement firm, there were 8,128 layoffs in the health industry last month. Since the beginning of the year the health industry has seen 41,085 layoffs. Only the financial and industrial sectors have seen more layoffs than the health sector.
So far this month, Indiana University Health has laid off nearly 900 people, Vanderbilt University Medical Center announced plans to eliminate 1,000 jobs by the end of the year and the Cleveland Clinic has offered buyouts to 3,000 employees as it cuts $330 million from its budget.
John Howser, Assistant Vice Chancellor at Vanderbilt said:
“While the rest of the U.S. economy is stabilizing or improving, health care is entering into a recession.”
Jim Terwilliger, President of two of Indiana Health’s hospitals said:
“This is a challenging time for the health care industry. The pace of change is far greater than any time in recent history.”
One of the issues facing many hospitals concerns Medicaid and the low-income Americans who use it for their hospital emergency room visits and then don’t pay their bills. Under Obamacare, Medicaid would be expanded to more low-income families, but 26 states, including Tennessee, rejected the Medicaid expansion which included federal funding. According to Vanderbilt officials, this accounted for nearly a third of their pending layoffs.
We’ve seen numerous doctors bailing out of their medical practices over the past year. Some have found positions with the large healthcare clinics or organizations while others have left the medical field altogether. Now hospitals are laying off thousands of employees. If the Republican members of Congress are not successful in stopping Obamacare, I would not be surprised to see the entire system implode and collapse and take the rest of the nation with it. I can’t help but wonder if this isn’t Obama’s plan all along?