RSC Republican Study Committee

Washington, Aug 30 - Speaker Pelosi once touted that ObamaCare would create “400,000 jobs almost immediately.” It might be time to check the definitions of “immediately” and “create” because 39 job-creating projects actually got cancelled due to a section in ObamaCare that is preventing physician-owned hospitals from expanding. That’s 25,000 jobs revoked by the bad health policy and bad economic policies perpetrated by Washington Democrats.

• “A little-noticed provision of the Affordable Care Act will wipe out an estimated 25,000 jobs that physician-owned hospitals were expecting to create within the next year or so.”

• “The job-killing provisions of Obamacare are particularly ironic given that physician-owned facilities tend to be economically efficient and deliver superior medical outcomes.”

• “Section 6001 of the Affordable Care Act prohibited physician-owned hospitals from expanding after March 23. The law also refused Medicare payment to any hospital that does not gain certification as a Medicare provider before Dec. 31.”

• “Surveying its members shortly after the passage of Obamacare, the Physician Hospitals of America (PHA) identified 39 projects under development whose owners had canceled outright, knowing they could not win Medicare certification by the end-of-year deadline, plus another 45 that will be hard-pressed to meet Medicare certification criteria in time. The projects in jeopardy would create roughly 25,000 jobs, according to the PHA.”