Much ballyhoo was heard among the regional media in response to Governor Cooper’s moves to arrange with the federal government to spur hospitals to forgive medical debt.
But State Treasurer Dale Folwell reacted with some suspicion:
State Treasurer Dale Folwell has criticized the proposed deal favored by Cooper and Kinsley, saying it is too favorable to the state’s hospitals. He says his department’s studies show N.C. hospitals already receive excessive charitable-care benefits that don’t lead to reduced prices. He believes the hospitals should be writing off much more debt, taking vigorous action to reduce prices and show more transparency in their charges.
So it turns out the medical debt deal Cooper engineered is a gravy train for the state’s corrupt hospital systems. Predictably, they have all jumped aboard.
Beware the widely heralded humanitarian impulses exhibited by socialist politicians. Chances are somebody is getting paid off.