Senate, Congress needs to pass COVID-19 US economy stimulus package - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Opinion | Millions of Americans could get left behind unless Congress passes a new economic stimulus package. Here's what should be in it. By AndreyOstrovsky

to support local efforts for these populations. This funding needs to be included in the Senate stimulus bill. While housing assistance can lift people out of poverty, medical expenses can plunge them back in. As the chart above shows, medical expenses forced eight million people into poverty in 2018.

With Medicaid being one of the most effective anti-poverty programs, states need to double down on Medicaid, not defund it.shows that Medicaid can reduce poverty among its beneficiaries by 17.1%. But without federal support, Governors' hands are tied. As soon as the state of public health emergency goes away, the regulatory mechanisms to pay for telehealth in parity to in-person services, 1135 waivers, will expire. My colleagues in HHS tell me that expiration could be as soon as July. In other words, the regulatory flexibility enabling the recent rapid rise in telehealth reimbursement will immediately plummet in one month, likely taking the stock price of Teladoc and AmWell's IPO wishes down with it.

To fill the blind spots of telemedicine and maintain equitable access to diagnosis and treatment, other digital health interventions should also be made reimbursable, as proposed in the. To do so, the statutory language should empower parity in telehealth payment in Medicaid and Exchanges, not just Medicare and commercial insurance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

1/ Thread: Some highlights to ponder from this article: With 13.3% Americans unemployed, the poverty rate in the US is poised to rise dramatically. This could lead to more deaths due to COVID19-induced poverty than COVID-19-induced illness.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Fidelity spurred a 147% productivity hike during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Putin linked US anti-racism protests to the coronavirus, he said US protests were a sign of deep crises Antifa BlackLivesMatter Sounds like bullshit
Source: BusinessInsider - 🏆 729. / 51 Read more »

Likes and followers will hold more value for retailers post COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Measuring likes and follows is all very good, but business needs to find ways to convert these to buying and long term loyalty. Right now 50 000 sales and no likes is better than 50 000 likes and no sales.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Sweden shut out of COVID-19 reopening by Finland, Norway, Denmark - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Pathetic, politically motivated! Up to 70% false positive, up to 56% false negative tests, up to 80% asymptomatic cases, different testing regimens COVID19 in the US & EU 12/19; anyone who claims they have a clue were we stand in the pandemic is a LIAR
Source: BusinessInsider - 🏆 729. / 51 Read more »

As pandemic roils Canada, companies tap bond market by most in a decadeCanadian companies went on a debt binge as the COVID-19 crisis slammed the economy, with Canada Inc rushing to the bond market at the heaviest pace in at least a decade. Canada's population - 37,559,000 Canada's COVID cases - 100,191 Canada's infection rate - 0.26% 'roils' is way too strong of a word.
Source: Reuters - 🏆 2. / 97 Read more »