Throwing Money at the Industry
The federal government keeps wasting more money on the failing nursing home industry. After giving billions of taxpayer money to for-profit nursing homes that did a terrible job during the pandemic, we are gonna do it again. We are literally throwing taxpayer money to these profitable private companies.
DHHS will spend an additional $25.5 billion to healthcare providers affected by the pandemic. Hopefully, smaller healthcare providers will be prioritized. The funding includes $8.5 billion in American Rescue Plan resources for providers who serve rural Medicaid, Medicare or Children’s Health Insurance Program patients, and an additional $17 billion in Phase 4 Provider Relief Fund for providers who can document revenue loss and expenses associated with the pandemic.
What a waste. It would be smarter to give all CNAs and nurses a direct bonus. Why don’t we allow the direct caregivers not to pay any taxes for a year?