Follow @PoliticsIE
 
 
 
Page 1 of 2 12 LastLast
Results 1 to 10 of 12

Thread: Are the HSE about to underwrite Co-location?

  1. #1
    Politics.ie Member spidermom's Avatar
    Join Date
    Sep 2008
    Posts
    9,182
    Mentioned
    0 Post(s)

    Default Are the HSE about to underwrite Co-location?

    Co-located hospital contracts may change this October ? Irish Medical Times

    Been following this for a while..!
    originally the private hospitals themselves would take any hit...but then the celtic tiger had its ventilator turned off....the report is very sketchy in the IMT...anyone able to fill in the blanks????
    When a man sits with a pretty girl for an hour, it seems like a minute. But let him sit on a hot stove for a minute and it's longer than any hour. That's relativity.

    ALBERT EINSTEIN

  2. #2
    Politics.ie Member
    Join Date
    May 2009
    Location
    Waterford obviously its all in the name.
    Posts
    1,346
    Mentioned
    0 Post(s)

    Default

    It simply depends on the sums if enough FF cash is at risk then you can take it to the bank that they will be underwritten it's how things have worked for 80 years and it ain't going to change anytime soon.

  3. #3
    Politics.ie Member
    Join Date
    May 2007
    Posts
    10,194
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by spidermom View Post
    Co-located hospital contracts may change this October ? Irish Medical Times

    Been following this for a while..!
    originally the private hospitals themselves would take any hit...but then the celtic tiger had its ventilator turned off....the report is very sketchy in the IMT...anyone able to fill in the blanks????
    The co-located hospitals will be too big to fail. The whole health sector would collapse if they did. The contracts will be Irish Socialism - all profits owned by the investors and all losses owned by the taxpayer.

  4. #4
    Politics.ie Newbie
    Join Date
    Jun 2009
    Posts
    14
    Mentioned
    0 Post(s)

    Default

    Of course the government will underwrite it. Its all part of Harney and FFs plan to run the public health service into the ground to create a market for private health insurance and hospitals. There is no need for private hospitals if there is an efficient and well run public health service.

  5. #5
    Politics.ie Member
    Join Date
    Feb 2009
    Posts
    528
    Mentioned
    0 Post(s)

    Default

    I don't think the HSE can now alter the contracts in such a significant manner as this. They entered competitivue dialogue with potential providers of the co-located hospitals on the basis of bonds being made available.

    Should they wish to change the terms of the contracts for co-location a new tender competition will be required.

  6. #6
    Politics.ie Member powderfinger's Avatar
    Join Date
    Jun 2007
    Posts
    3,354
    Mentioned
    0 Post(s)

    Default Lipstick on a pig

    It gets worse.
    It appears that Harney is preparing legislation which will force health insurance companies to provide cover at the State dependent co-located hospitals.


    HSE to alter co-located hospital agreements so projects can start | The Post

    Bankers also sought clarity over future revenue at the hospitals, namely certainty that the health insurers would cover the hospitals.

    The Sunday Business Post understands that the Department of Health is considering legislation that would force health insurers to cover private hospitals that met certain standards.

    VHI, the state’s largest health insurer, said last week that it would not cover its customers in co-located private hospitals. However, a spokesman for the Department of Health said that the state owned insurer would not be allowed to thwart government policy. ‘‘It is simply not the VHI’s call," he said.

  7. #7
    Politics.ie Member
    Join Date
    May 2008
    Posts
    4,952
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by powderfinger View Post
    It gets worse.
    It appears that Harney is preparing legislation which will force health insurance companies to provide cover at the State dependent co-located hospitals.
    What's wrong with that?
    A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.

  8. #8
    Politics.ie Member powderfinger's Avatar
    Join Date
    Jun 2007
    Posts
    3,354
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by goosebump View Post
    What's wrong with that?
    Compelling the VHI to cover colocated hospitals via legislative diktat is likely to drive premiums towards Boston levels.
    However there are no specific details yet as to exactly what Harney is going to bring forward in terms of legislation and colocation contract amendment.
    It appears that she will bring proposals to the cabinet table in October.

    Where stand the Greens on altering the existing colocation agreements?

  9. #9
    Politics.ie Member
    Join Date
    Aug 2010
    Posts
    252
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by spidermom View Post
    Co-located hospital contracts may change this October ? Irish Medical Times

    Been following this for a while..!
    originally the private hospitals themselves would take any hit...but then the celtic tiger had its ventilator turned off....the report is very sketchy in the IMT...anyone able to fill in the blanks????
    I can't fill in the blanks but, if this turns out to mean that the State take on the risk, it would be quite significant.

    If the State carries the risk in a PPP contract, then any borrowing must be counted as part of the State's debt under EU rules. That's why, I would guess, the story says that the Government has been anxious not to take on this risk.

    So, if this story pans out, its yet another item to add to the official measure of Ireland's indebtedness.

  10. #10
    Politics.ie Newbie
    Join Date
    Aug 2010
    Posts
    1
    Mentioned
    0 Post(s)

    Default

    ??
    Last edited by prendlovu; 11th February 2011 at 03:24 PM. Reason: Removing

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •