Tennessee Rep. Roe Issues Statement on Medicare Wage Index Reform
Targeted News Service
WASHINGTON, Aug. 3 -- Rep. Phil Roe, R-Tennessee, issued the following statement after the Centers for Medicare and Medicaid announced the fiscal 2020 final inpatient prospective payment system rule that rebalances the Medicare area wage index to better protect rural hospitals:
"For too long, hospitals in rural America have been adversely impacted by disproportionately lower reimbursement levels from the Medicare AWI. Rural hospitals - like those in East Tennessee - end up with reimbursement rates much lower than hospitals in urban areas.
"In fact, there are hospitals in California receiving reimbursements over 2.5 times those of hospitals in Johnson City and Kingsport performing the exact same services.
"I applaud President Trump, Secretary Azar, and Administrator Verma for finally addressing this significant disparity by establishing a fairer system for rural hospitals.
"While more work can still be done to help rural hospitals keep their doors open, this is a big step in the right direction."
Note: Congressman Roe is a strong supporter of AWI reform and recently led a letter on June 27, 2019 to Secretary Azar at the Department of Health and Human Resources and Administrator Seema Verma of CMS supporting their efforts to reform the AWI. Read the bipartisan letter hereand the final rule here (https://www.federalregister.gov/public-inspection/current).
Calif. Insurance Commissioner Lara Calls on Trump Administration to Stop Undermining Health Care Protections for Transgender Californians
Department of Defense Office of Inspector General Newsletter – August 2019
Advisor News
- The first 5 years of your career could determine the next 50
- 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
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- 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
More Annuity NewsHealth/Employee Benefits News
Life Insurance News