Senior Housing News February 26, 2025
Medicaid could soon be on the chopping block. Senior housing and care leaders are warning that the cuts could complicate operations at the least, if not hurt access and care for older adults.
On Tuesday night, the U.S. House narrowly passed a budget resolution bill urging the House Committee on Energy and Commerce to cut $880 billion over 10 years, primarily from Medicare and Medicaid, to offset proposed tax cuts.
Currently, Medicaid is paid for through a joint effort between states and the federal government. With the move, Congress could effectively shift Medicaid spending to states, imperiling access and care for millions of low-income people, including many older adults.
Private-pay senior living operators typically do not have large exposure...
Today's Sponsors
Today's Sponsor