Forgot Password

$3 Billion Addition to Provider Relief Fund ‘Woefully Short’

A $900 billion COVID-19 relief bill is on its way to the president’s desk after being passed by both houses of Congress by late Monday. Trade associations representing senior living operators, however, say they are disappointed in its provisions.

The measure adds $3 billion to the Provider Relief Fund, to be distributed by the Department of Health and Human Services.

American Seniors Housing Association President David Schless said “there is much to disappoint” related to the bill and senior living.

“In addition to the package not including the liability protection the industry desperately needs, the Provider Relief Fund (PRF) grew by only $3 billion, a shocking decline from earlier reports of an additional $35 billion,” he said.

Schless also called for additional funding, noting that the $24.5 billion in Phase 3 funds currently being disbursed to providers by HHS is intended to apply to lost revenue and increased expenses from the first and second quarters.

“With the third and fourth quarters expecting to reflect significant financial stress in the industry, significantly more relief is needed,” he said. “The Provider Relief Fund is one of the few sources of financial relief available to the industry, and to not replenish these badly needed funds is seriously flawed and fails to recognize the significant work of the senior living industry to keep seniors and staff safe during the past 11 months.”

Schless said he was pleased, however, that the COVID relief bill directs PRF recipients to calculate lost revenues using the Frequently Asked Questions guidance released by HHS in June. “This preferred guidance allows the use of budgeted revenue for comparison to actual as long as the budget had been established and approved prior to March 27, 2020,” he said.

And long-term care providers can be pleased that the bill permanently extends the 7.5% adjusted gross income threshold for medical expense deductibility, Schless said.

“This is an issue that ASHA has championed for several years,” he said. “It was at risk of increasing to 10%, which would essentially be a tax increase for seniors who can use this deduction to help defray the costs of senior living and long-term care insurance premiums among other eligible expenses.”

Full story.

which oral diabetes medications to avoid diabetes medications classes chart list type 2 diabetes medications and dosing chart ype 1 diabetes is treated mainly with oral medications diabetes medications causing gangrene medications for weight loss in type 1 diabetes medications for type 1 diabetes pdf new drugs for type 2 diabetes mellitus what is best food to lower blood sugar diabetes medications injections diabetic cough medicine weight loss pills and diabetes

best chinese diet pills where can i buy rapid tone diet pills all natural diet pills sletrokor diet pills how to use them dhc diet pills diet pills safe for preganat women how fast to lose weight 1950 diet pills folkinso weight loss pills weight loss pills pm best cleanse without pills diet white loss tablets

how to lower high blood pressure quickly at home best drug for high blood pressure most used blood pressure medication dangers of blood pressure medication grapefruit juice and blood pressure medicine how to lower blood pressure pregnancy type of high blood pressure medicine blood pressure otc medicine chest pain after taking blood pressure medicine blood pressure medication lisinopril recall supplements to lower bp ways to lower blood pressure during pregnancy

can you overdose on cbd gummies cbd for me cbd gummies nd thc cbd gummies in lansing area cbd gummies mg dosage reviews how much cbd gummies for anxiety cbd gummies 08901 is cbd legal for minors nature s tru cbd gummies review cbd dosage for mrsa cbd for headaches 25 mg cbd gummies effects

dr wielder male enhancement pills pills to make penis more sensitive what ed pills to take fda male enhancement pills recall big balls usa endurance pills the story about sex pills male enlarger pills brookshires erectile dysfunction pills pill that makes you ejaculate more sexual enhancement pills at cvs red mens sex pills sex pills free trial in stock