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Chronic Care Act Included in Balanced Budget Act May Present Model for Expanding Long-Term Care and Supports

August 20, 2018

Legislation included in the BBA earlier this year may present Congress with a model to expand certain long-term care and supports. Passed with bipartisan support as part of the budget bill approved earlier this year, the “Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act of 2018,” provides Medicare Advantage plans the…

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Argentum Advances Discussions on Long-Term Care Financing with Congressional Committees

August 20, 2018

As part of efforts to continue to elevate the issue of long-term care financing and in response to draft legislation by Rep. Frank Pallone, Argentum is actively engaged with Congressional Committees including the House Energy and Commerce, Ways and Means, Veterans Affairs, and Senate Finance. While Rep. Pallone’s draft legislation would expand the Medicare program…

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A Look at the Medicare Long-Term Care Services and Supports Act

August 20, 2018

Rep. Frank Pallone (D-NJ), who currently serves as the Ranking Member of the House Energy & Commerce Committee, has filed H.R. 6563, which would establish a public long-term care benefit of the Medicare program for elderly and disabled individuals by creating a new Part E under Medicare entitled Long Term Care Services and Supports (LTSS).…

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House Energy and Commerce Committee Ranking Member Unveils Medicare Long-Term Care Services and Supports Act of 2018

June 25, 2018

To address the growing need for long-term care supports and services for over 90 million Americans age 65 and older by 2055, Rep. Frank Pallone (D-NJ) unveiled a discussion draft to create a new Medicare benefit that would extend services to eligible beneficiaries for long-term care. The proposal would cover all long-term services and supports,…

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Interest Deduction Cap Applicability Included in Tax Reform Measure

June 25, 2018

To ensure that capital for senior housing (including assisted living, memory care residences, and CCRCs) is not excluded from TCJA interest deduction provisions, Argentum along with other allied senior housing partners are working with Senator James Lankford (R-OK) and Senate Finance Committee Chairman Orrin Hatch (R-UT) to clarify the intent of the Senate Finance Committee…

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Tax Reform 2.0 and Health Care Tax Package

June 25, 2018

The Trump Administration and some GOP members have expressed interest in a second tax reform measure that would address technical corrections to H.R. 1, the Tax Cuts and Jobs Act (TCJA), among other tax provisions advocated by GOP members. Additionally, House Ways and Means Chairman Kevin Brady (R-TX) has announced intentions to advance a health…

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LifeSpan Network Applauds Rate Increase for Maryland Medicaid Long-Term Services and Supports Providers

May 23, 2018

Columbia, Md. —  LifeSpan Network applauds Gov. Hogan for his approval of a 3 percent—or $20.2 million—rate increase for long-term services and supports (LTSS) providers as part of the state’s fiscal year 2019 budget. “This rate increase demonstrates the level of commitment that both the governor and the legislature have for the more than 42,000 individuals…

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Entitlement Reform Unlikely This Year

April 25, 2018

With the planned retirement of House Speaker Paul Ryan (R-WI), mid-term elections, and President Trump’s campaign pledge not to cut Social Security and Medicare, House and Senate GOP members have indicated that the possibility of entitlement reform this year or in the next Congress is very slim.  House members discussed their skepticism at a recent…

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President Signs Omnibus Spending Bill

March 26, 2018

On March 23, 2018, President Trump signed into law a $1.3 trillion spending bill to avert a government shutdown and fund the government for the remainder of the fiscal year. Highlights of the bill include: Alzheimer’s/dementia research funding within NIH increases by $414 million for a total of $1.828 billion (a 29.3% increase); the Brain Research…

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GAO Releases Report on Medicaid Funding in Assisted Living

February 22, 2018

Background On Feb. 5, the GAO released a report entitled “Medicaid Assisted Living Services: Improved Federal Oversight of Beneficiary Health and Welfare Is Needed.” The report comes in response to a 2015 request from Sens. Collins (R-ME), McCaskill (D-MO), Warren (D-MA) and Hatch (R-UT) for a review of Medicaid spending, and federal and state oversight…

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Argentum’s Maribeth Bersani Featured as Guest Expert in #ElderCareChat Discussion on Using Your Five Senses to Make a Senior Living Decision

February 16, 2018

Argentum was pleased to join last week’s #ElderCareChat, with COO Maribeth Bersani serving as an expert panelist. Bersani engaged participants in an enlightening Twitter conversation about the importance of using your senses to select the right senior living community for you or for a loved one. The hour-long #ElderCareChat, which was inspired by a recent…

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President Trump Unveils $4.4 Trillion Budget for FY 2019

February 13, 2018

On Feb. 11, 2018, the Trump administration released a proposal for government funding for FY 2019. This funding comes on the heels of Congress enacting a two-year budget agreement that sets spending limits for both defense related-matters and domestic programs. The proposed budget blueprint funds domestic program levels significantly below the Congressional agreement and also repeals…

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