Argentum - McKnight's Senior Living

Argentum

President Donald Trump

Provider groups concerned by HHS, HUD cuts in Trump’s $4.8 trillion budget

The Department of Health and Human Services would see a 10% funding cut, and the Department of Housing and Urban Development would see a 15% funding cut, under the $4.8 trillion budget proposed Monday by President Donald Trump. Organizations representing senior living operators are reviewing it with an eye toward how the proposed cuts would affect operators and those they serve and a promise to advocate for their members.

CMS Administrator Seema Verma speaking

Medicaid block grants will help address ‘looming cost crisis’ due to aging population, CMS says

The Medicaid block grant program announced Thursday by the Centers for Medicare & Medicaid Services won’t directly affect elderly and disabled beneficiaries, CMS Administrative Seema Verma said, but it will help address a “looming cost crisis,” caused by the aging of the population, that threatens the overall sustainability of the healthcare program for low-income individuals.

Next post in News