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New NV Economic Study: Bush Medicare Cuts Undermine State and Local Economic, Jobs Base
Date:6/12/2008

ors' access to quality care throughout our state, but will also negatively impact our state and local economy," stated Charles Perry, Executive Director of NHCA. "The Medicare cuts represent a 'lose-lose' proposition because Nevada seniors' care needs will be shortchanged and our state economy will be damaged at a time we already face significant challenges related to state Medicaid financing."

The Nevada long term care leader said the Medicare regulations being changed by the Bush Administration are currently helping facilities throughout the state successfully serve higher acuity patients -- at a lower cost than other settings. "Considering the fact existing Medicare policy is beneficial to both patients and the taxpayers who finance the program, it is especially curious this regulatory policy change is being pursued by the President's health care team," Perry stated. Current policy, he added, saved Medicare $709 million in 2006 alone nationally, according to an independent analysis by Avalere Health, LLC.

Perry praised U.S. Representative Shelley Berkley (D-NV) for leading a sign-on letter to Health and Human Services (HHS) Secretary Mike Leavitt urging him to stop the Centers for Medicare and Medicaid Services (CMS) from implementing the planned regulatory changes to the nation's Medicare program. "We thank Representative Berkley for leading the effort in Congress to stop these unwise, unwarranted cuts," Perry stated. "Their efforts in Washington to protect Nevada's most vulnerable constituents reflect the independent thinking Nevada needs, deserves and appreciates."

In the letter to Secretary Leavitt, the legislators state how the Bush Administration's Medicare funding reductions have caused them to be "deeply concerned that high-quality skilled nursing care for America's seniors will be threatened -- and reductions in spending of this magnitude would severely alter not only the quality of nursing home care, but also access to nursing home
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SOURCE American Health Care Association
Copyright©2008 PR Newswire.
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