“HHS to distribute $25B for Medicaid, safety-net providers,” by Elise Reuter, MedCity News

 

Quote:

“The Department of Health and Human Services will distribute another $25 billion in funding to healthcare providers, with an emphasis on helping facilities that serve low-income patients. The agency will distribute $15 billion to providers that participate in Medicaid and CHIP programs, and another $10 billion to safety-net hospitals.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Thank goodness the government has plenty of money to spend for this purpose. Imagine if we borrowed huge sums like this, but had to put the burden of repaying the loans on financially struggling Millennials. Don’t worry; be happy. Welcome to economic fantasy land.