Future uncertain for Childrens Colorado Springs cancer center [Video]

(COLORADO SPRINGS) — Children’s Hospital Colorado, Colorado Springs might have to close its cancer treatment center and make other major cuts, all because of a change made by an insurer of military families.

In October, Tricare, a company that insures active-duty military members and their families, changed how it sets payments to Children’s Hospitals. The U.S. Department of Defense said the move will save the military more than $45 million in taxpayer dollars annually, but Children’s Hospital Colorado estimates the move has cost them more than two million dollars in losses.

“It’s going to be a big hardship for a lot of families,” said Torie Giffin, the mother of Daniel Giffin, who was diagnosed with brain cancer five years ago.

Children’s Hospital Colorado estimates a loss of $2.1 million each month since October without the money Tricare used to pay.

In response to the changes, Children’s Hospital is now considering …