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Health Providers Closely Watching Budget Plans

Healthcare
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One local health provider says a stall in the state budget is concerning, but potential cuts to Medicaid in a long-term spending plan are more worrisome.
Southern Illinois Healthcare has a policy of serving every patient. But SIH Chie Financial Officer Mike Kasser says if Medicaid reimbursements continue to fall, that may not always be the case.
 
"The bigger issue is: when there is a budget and it contains further cuts to Medicaid, that is putting us in a very tough position to continue to serve the neediest patients in the region."
 
Kasser says there are no plans to cut services yet. But he says a system that requires private insurers to pay more to make up for declining government reimbursement rates is not sustainable.

Kasser says the longer it takes to come up with a plan, the longer his organization may have to wait for payment - and that's already delayed because of the state's backlog of unpaid bills.
 
"You know, with SIU being the largest employer in the area, and their retirees, we have a lot of people covered by the state. And when they're not paying, it's a real issue because they're paying insurance rates versus Medicaid rates."

He goes on to say that SIH and other providers have been dealing with months-long delays in payment from the state for several years now, so a short-term budget impasse doesn't change their situation much.
 

Jennifer Fuller joined Capitol News Illinois in July 2023 as the organization’s broadcast director. She will oversee the launch and operations of CNI’s new broadcast division.

Contact Jennifer Fuller at jfuller@capitolnewsillinois.com
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