Healthcare DIVE March 13, 2024
The budget request also includes proposals for “Medicaid-like” coverage in non-expansion states and increasing the pace of Medicare drug price negotiations.
The Biden administration released its proposed budget for the HHS for fiscal year 2025 on Monday, including funds — and potential penalties — to boost cybersecurity in the healthcare sector and make enhanced premium tax credits for Affordable Care Act marketplace plans permanent.
The budget request asks for $130.7 billion in discretionary spending and $1.7 trillion for mandatory expenditures, which includes funding for programs required by existing law.
“This budget strengthens Medicare beyond our lifetimes. This budget continues our shift from a healthcare system that treats illness to one that sustains wellness,” HHS Secretary Xavier Becerra said during...