November 09, 2012

LTC, other healthcare sectors to blitz administration about sequestration cuts, possible alternatives

When President Obama speaks today about mandated sequestration cuts to Medicare funding, he is expected to set off the most intense period of lobbying yet among healthcare providers. Long-term care stakeholders are especially fearful of the potential compounding effect the 2% across-the-board reductions could have, given other restrictions already in play. One solution LTC lobbyists are recommending: A massive exception them from the mandate, much as the defense sector enjoys. Congress put off taking action earlier on the funding cuts but now the piper must be paid — unless lawmakers somehow act to mitigate or otherwise postpone the cuts again.
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