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Monday, May 3, 2021
Continued efforts to boost COVID-19 relief funding, as well as the Biden administration’s ambitious policy agenda, have sparked a wave of changes impacting the health care landscape. This GT Alert contains notable updates, including unprecedented funding opportunities and health care budget proposals.
American Families Plan
On April 28, 2021, President Biden unveiled the details of the “American Families Plan,” the much-anticipated second phase of the administration’s larger federal infrastructure package. The plan calls for $1 trillion in new spending and $800 billion in new tax credits. Leading up to the release of the plan, there was ongoing speculation over whether health care proposals would be included in the package, and if so, to what extent. Some Democrats pushed the president in recent weeks to include sweeping health care policy changes in the plan, including addressing drug pricing and reducing the Medicare eligibility age. However
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CHICAGO, April 20, 2021 /PRNewswire/ Innovative tech company Kalderos today released its 2021 annual report. The report highlights the company s perspective on key challenges in the drug channel, leverages unique data to provide insights into drug discount programs, and advocates for a new model that utilizes platform technology to make drugs more affordable for patients. As we dive deeper into 2021, we see big developments on the horizon for the business of healthcare, said Kalderos CEO Jeremy Docken. Industry trends are driving change and so is the massive impact of COVID-19. A new administration is tackling drug pricing. During this pivotal moment, it s the perfect time to launch our inaugural annual report.
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As we previously reported, President Biden
recently signed into law a $1.9 trillion dollar stimulus bill,
the
American Rescue Plan Act (ARPA).
This historic legislative package provides much needed relief to
millions of Americans impacted by the COVID-19 pandemic and
essential resources to address the ongoing public health emergency.
Among other things, the ARPA allocates funds to the Department of
Health and Human Services (HHS) for COVID-19 testing, contact
tracing, vaccines, supplies, and other related treatment. To
alleviate the strain of the COVID-19 pandemic on America s
The
American Rescue Plan Act of 2021 (ARPA) provides $1.9 trillion in relief funding to address the COVID-19 pandemic, support the US economy, and provide relief for impacted Americans. Signed into law by President Joseph R. Biden on March 11, 2021, ARPA includes provisions affecting healthcare providers, who remain on the frontlines of the pandemic as the new law takes effect.
The $1.9 trillion package reinforces the nation’s healthcare safety net with funding for rural health providers, community health centers, and skilled nursing facilities. It also makes modifications to the Medicare and Medicaid programs, boosts funding for behavioral health needs and resources, and expands access to individual health insurance coverage.