LeadingAge NY Summarizes Bipartisan Budget Act of 2018
The Bipartisan Budget Act of 2018 (P.L. 115-123) was passed by Congress and signed into law by President Trump on Feb. 9th, ending a brief federal government shutdown. The two-year budget agreement covering Federal Fiscal Year (FFY) 2018 (the current year) and FFY 2019 includes funding to operate the federal government until March 23, 2018.
A new LeadingAge NY memo provides a detailed summary of the health- and long term care-related provisions of the new law, including: (1) repeal of the Medicare outpatient therapy caps; (2) changes to Medicare payments for skilled nursing facilities and home health agencies; (3) provisions affecting hospice care; (4) expansion of covered telehealth services; (5) provisions allowing Medicare Advantage plans to offer supplemental benefits; and (6) revisions to fraud and abuse statutes.
The Trump Administration released a proposed $4.4 trillion budget for the next fiscal year on Feb. 12th, which includes at least $1.8 trillion in cuts to federal entitlement programs including Medicaid, Medicare, and food stamps. The LeadingAge National website provides more details on the Administration’s budget proposal and how it would affect long term care providers and affordable housing.
Contact: Dan Heim, dheim@leadingageny.org, 518-867-8866