More ObamaCare Fun And Games

Remember President Obama saying he was going to cut Medicare?
Well, it has consequences and 50 people in Madison, WI. are losing their jobs because of it.
From Madison.com: About 50 employees at Meriter Health Services are losing their jobs, others will see their hours reduced, and some vacant positions are being eliminated, Meriter announced Tuesday.
A total of 140 full-time positions are being cut, Meriter CEO Jim Woodward said in an email to employees.
The cuts, expected to save about $9 million, are needed because of reductions in Medicare payments beginning in January, Meriter spokeswoman Mary Reinke said.
The changes affect less than 4 percent of Meriter's 3,500 employees, Reinke said.
About 50 people are losing their jobs or likely will decline other positions, she said. Half are managers, some are involved in patient care, and some are in unions, she said.
Meriter will continue pay and benefits until the end of the year for those losing jobs, she said.
Woodward said Wisconsin hospitals will see Medicare payment reductions of $3.6 billion beginning in January. Reinke said Meriter will face a reduction of $7 million to $8 million.
In June, the Wisconsin Hospital Association said that the 2010 health care reform law is bringing $2.6 billion in Medicare cuts through 2019. Reinke said the additional $1 billion is if Washington doesn't prevent the fiscal cliff.  http://host.madison.com/news/local/health_med_fit/about-meriter-employees-losing-jobs-total-of-full-time-positions/article_3534d5d4-38de-11e2-84a1-001a4bcf887a.html
ObamaCare, you just gotta love it, hey liberals?
Killing jobs here.
Killing jobs there.
Killing jobs everywhere.

About 50 employees at Meriter Health Services are losing their jobs, others will see their hours reduced, and some vacant positions are being eliminated, Meriter announced Tuesday.
A total of 140 full-time positions are being cut, Meriter CEO Jim Woodward said in an email to employees.
The cuts, expected to save about $9 million, are needed because of reductions in Medicare payments beginning in January, Meriter spokeswoman Mary Reinke said.
The changes affect less than 4 percent of Meriter's 3,500 employees, Reinke said.
About 50 people are losing their jobs or likely will decline other positions, she said. Half are managers, some are involved in patient care, and some are in unions, she said.
Meriter will continue pay and benefits until the end of the year for those losing jobs, she said.
Woodward said Wisconsin hospitals will see Medicare payment reductions of $3.6 billion beginning in January. Reinke said Meriter will face a reduction of $7 million to $8 million.
In June, the Wisconsin Hospital Association said that the 2010 health care reform law is bringing $2.6 billion in Medicare cuts through 2019. Reinke said the additional $1 billion is if Washington doesn't prevent the fiscal cliff.


Read more: http://host.madison.com/news/local/health_med_fit/about-meriter-employees-losing-jobs-total-of-full-time-positions/article_3534d5d4-38de-11e2-84a1-001a4bcf887a.html#ixzz2DgHxZIDM