Without funds, New Jersey hospitals face crisis

New Jersey has an estimated 1.3 million people without health insurance, and state law requires that hospitals treat anyone who walks through their doors and then get reimbursed later. But New Jersey's looming budget shortfall has forced it to cut back on the reimbursements, and hospitals are going broke: Six have closed in the past 18 months, and half of those remaining are operating in the red. As the economy falters, the number of uninsured is likely to grow. And with more hospitals expected to shut their doors, New Jersey faces a healthcare crisis.