Addus CEO: Trump Administration Will Likely ‘Do Away With’ Medicaid Access Rule
Home Health Care News November 19, 2024
Addus Homecare Corp. (Nasdaq: ADUS) leaders believe that, no matter who won the recent presidential election, their company would have been set up well for the future. With that said, the Medicaid Access Rule may now be going away due to Donald Trump’s win, as well as the 80-20 provision.
“We really didn’t care so much who won the election, because we have done well historically, whether it’s a Democratic or Republican administration,” Addus CEO Dirk Allison said Tuesday at a conference hosted by the investment banking company Stephens.
Broadly, the Medicaid Access Rule was put forth by the Centers for Medicare & Medicaid Services (CMS) to create more transparency in home- and community-based services (HCBS). It also included the...