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White House Reverses $10B in Cuts to ACA Cost-Sharing Subsidies
The White House has decided to reverse roughly $10 billion in cuts to the cost-sharing subsidies that were part of the Patient Protection and Affordable Care Act. That program was originally expected to be slashed by 7.3 % in fiscal 2015 and beyond as part of the sequester cuts.
The White House has decided to reverse roughly $10 billion in cuts to the cost-sharing subsidies that were part of the Patient Protection and Affordable Care Act. That program was originally expected to be slashed by 7.3 % in fiscal 2015 and beyond as part of the sequester cuts.
But in a report released this week by the Office of Management and Budget—and first flagged by the Committee for a Responsible Federal Budget—the Obama administration didn't include the cost-sharing subsidies among the programs that will be subject to the sequester cuts. That's a reversal from the previous year.
The cost-sharing subsidies get less attention than the tax credits, which are available to individuals making up to 400% of the federal poverty level to purchase plans through the state and federal exchanges. The subsidies are intended to help low-income individuals cover co-payments, deductibles and other out-of-pocket costs. They are available to individuals with incomes up to 250% of the federal poverty level who purchase plans that are designed to cover at least 70% of their medical costs.
Read the full story here: http://bit.ly/1gwvQcG
Source: Modern Healthcare
Patient Care Experience Declines After Private Equity Hospital Acquisitions
January 31st 2025Private equity hospital acquisitions in the US were associated with declines in patient care experience, particularly in overall hospital ratings, willingness to recommend, and staff responsiveness.
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Unlocking Access: Exploring Mental Health Care Among Medicaid Managed Care Enrollees
January 23rd 2025On this episode of Managed Care Cast, we speak with the author of a study published in the January 2025 issue of The American Journal of Managed Care® to examine the association between quantitative network adequacy standards and mental health care access among adult Medicaid enrollees.
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