“…4-in-10 of all the [home health care] providers on whom [3.5 million] homebound seniors depend face the threat of bankruptcy and closure as a result of ObamaCare.”
How could this happen? Easy: On page 117 of a regulation released by the quietlyCenters for Medicare and Medicaid Services (CMS) on Friday, November 22, 2013 – right before Thanksgiving – it states that funds for home health care providers will be cut 3.5% per year for four years starting January 1, 2014 – for a total cut of 14%. The CMS estimates up to 40% of providers could go into the red financially by 2017.
But don’t take my word for it: Read more about it here, and here. And be sure to share these links, and the one below, with everyone you know.
(Big tip of the ol’ Red Sox cap to Doug Ross @ Journal)
Thanks for reading!