Sen. Alexander Issues Statement on Centers for Medicare & Medicaid Services Wage Index Rule - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 17, 2019 Newswires
Share
Share
Post
Email

Sen. Alexander Issues Statement on Centers for Medicare & Medicaid Services Wage Index Rule

Targeted News Service

WASHINGTON, July 16 -- Sen. Lamar Alexander, R-Tennessee, issued the following floor statement on Centers for Medicare and Medicaid Services wage index rule:

"Last month, during National Nurses Week, Ballad Health, a health care system in East Tennessee, announced it would be giving several thousand nurses a raise.

"Alan Levine, who leads Ballad, announced a $10 million investment in pay increases for nurses.

"He said, "Our nurses and those who work with them in the provision of direct patient care are heroes...however, it is also true that... we face significant national shortage of these critical health care providers."

"Alan said this investment was, in part because of a new rule proposed by the Trump Administration in April.

"This rule will update the formula that determines how much Medicare will reimburse hospitals for patient care.

"This formula takes into account, among other things, the cost of labor in that geographic area - called the area wage index.

"This new rule attempts to level the playing field between hospitals in areas that have higher wages, and therefore are reimbursed at a higher rate, and hospitals in areas with lower wages.

"Centers for Medicare and Medicaid Services Administrator Seema Verma wrote in a recent op-ed in the Tennessean: "Many stakeholders have raised concerns that the Medicare hospital payment system disadvantages many rural hospitals. Our proposed rule brings payments to rural and other low-wage hospitals closer to their urban neighbors."

"And in recent years, too many rural Americans have seen the local hospital close and their doctors leave town.

"Since 2010, 107 rural hospitals have closed across 28 states, and another 637 - about 34 percent of all rural hospitals - are at risk of closing.

"In Tennessee alone, twelve have closed since 2010.

"A recent survey by the Robert Wood Johnson Foundation and the Harvard School of Public Health found that 1 in 4 Americans in rural areas could not access health care when they needed it.

"This new rule will help rural hospitals keep up with the cost of providing care.

"Alan from Ballad Health said, "This proposed change indicates that Washington finally understands that rural health systems, like ours, have been historically unable to keep up with the real cost growth of nursing and other direct care providers."

"Craig Becker, who leads the Tennessee Hospital Association, wrote in the Tennessean earlier this month that this rule, "is good news for our state's hospitals and will provide much-needed relief to many of them, especially those in rural areas," and that the rule, "finally will address the significant inequities in the Medicare area wage index -- the first meaningful effort by any administration to address the flawed system."

"This new rule from CMS will help ensure Americans can access health care close to their homes by leveling the playing field between urban and rural hospitals that rely on the Medicare hospital payment system

"Last month, the Senate health committee approved, by a vote of 20-3, a bipartisan package of 55 proposals from 65 senators to lower health care costs that will also help rural Americans.

"For example, the legislation would ban anti-competitive terms that large hospital chains sometimes use in contracts with employers, such as "all-or-nothing" clauses. These increase prices for employers and patients, and can block health plans from choosing hospitals based on the care quality, the patient experience, or one hospital's competitive pricing. Banning "all-or-nothing" clauses will level the playing field for smaller, independent hospitals who are not part of a large corporate chain.

"Another provision will expand technology-based health care to help Americans in rural areas have access to specialty health care.

"I hope the Trump Administration and CMS Administrator Verma will quickly finishes this rule and give more Americans better health care choices and outcomes at lower costs."

Older

EDITORIAL: Less tweeting, more leading

Newer

Poll: 86% Of Voters Oppose ‘Cadillac Tax’ On Health Insurance

Advisor News

  • Your client’s $3 million portfolio doesn’t tell you their insurance needs
  • How life insurance can provide liquidity for wealthy families
  • Retirement providers turn to digital engagement to retain assets
  • Looking out for clients with diminished mental capacity
  • House panel advances CLEAR Forms Act backed by IRI
More Advisor News

Annuity News

  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
  • Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
  • A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
More Annuity News

Health/Employee Benefits News

  • Auburn council to vote on new 3-year contract with firefighters
  • New Tax Credit Available For Small Businesses Offering Health Insurance
  • Governor Lamont Announces New State Tax Credit To Help Small Businesses Offer Health Insurance
  • Colorado health insurance prices poised for another big jump in 2027
  • Researchers at University of Chicago Target Prostate Cancer (Rising Active Surveillance/Observation Rates and Regimen Intensification in Young Men: A Retrospective Cohort Study of National Commercial Health Insurance Claims Data): Oncology – Prostate Cancer
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty and Life/Health Subsidiaries
  • AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.
  • Abacus Global Management Completes Landmark $400 Million Securitization
  • 3 in 4 Americans Think Market Highs are Unsustainable, Allianz Life Study Finds
  • Judge: Class action against State Farm over PHL life policies can proceed
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.