Hospitals push Congress to forgive $100 billion in Medicare loans
U.S. hospitals are lobbying Congress to forgive $100 billion in Medicare loans that were paid out last spring to help keep the health system afloat as part of more than $2.5 trillion in coronavirus relief aid passed by Congress so far.
Under the loan program, the administration will start withholding new Medicare payments Aug. 1, until the loans made last spring are repaid.
Or more likely these loans will just be paid by taxpayers as the lobbyists want.
This article was originally posted here: https://www.ac2news.com/2020/07/hospitals-push-congress-to-forgive-100-billion-in-medicare-loans/.