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.
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.
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