Puerto Rican groups push Congress for Medicare, Medicaid boost

Healthcare advocates in Puerto Rico wrote a letter Monday to House Speaker Paul Ryan (R-Wis.) to call for higher reimbursement rates for Medicare and Medicaid amid the island's "crippling" healthcare crisis, according to The Hill.

"We desperately need relief from recent reductions in our rates. Without it, our ability to provide care is simply unsustainable," Jim O'Drobinak, president of the Medicaid and Medicare Advantage Product Association, wrote in a statement, according to The Hill.

More than 60 percent of Puerto Ricans are on Medicare or Medicaid, with about 1.6 million people enrolled in Medicaid. As a U.S. territory, Puerto Rico's Medicaid reimbursement rates are capped, so it foots the bill for a considerably larger portion of Medicaid than the states. The island's Medicaid program could run out of funds as early as the end of this year.

Speaker Ryan has previously vowed the House will act on legislation to help Puerto Rico restructure its debts and avoid running out funds this year, according to the report. The draft of this bill was criticized by many, however, according to the report.

 

More articles on finance:

CMS finalizes 2017 Medicare Advantage rates: 8 things to know
To reduce ER costs, University of Illinois Hospital & Health System sponsors housing program for homeless
Highmark Health posts $565M operating loss in 2015: 9 things to know

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Content

Featured Webinars

Featured Whitepapers