Quantcast
Viewing all articles
Browse latest Browse all 6760

N.J. stands to gain $54M per year due to Medicare payment adjustment clause in federal health care law

TRENTON — New Jersey is among seven states benefiting from an obscure provision tucked into the federal health care law. The change involves rules used to adjust Medicare payments to hospitals for the difference in labor costs around the country. It means New Jersey stands to gain $54 million each year, a windfall second only to Massachusetts — which...

Image may be NSFW.
Clik here to view.
doctro.jpg
A doctor examines a patient for symptoms of skin cancer in this file photo. New Jersey is among seven states that stand to benefit from a provision in the federal health care law which will adjust Medicare payments to hospitals for difference in labor costs around the country.

TRENTON — New Jersey is among seven states benefiting from an obscure provision tucked into the federal health care law.

The change involves rules used to adjust Medicare payments to hospitals for the difference in labor costs around the country.

It means New Jersey stands to gain $54 million each year, a windfall second only to Massachusetts — which will gain $275 million a year.

But the new payment rates, due to take effect Oct. 1, have drawn sharp criticism from officials in dozens of states that stand to lose funds. If they remain unchanged, the biggest loser would be New York, which would be out $47.5 million.

Medicare officials declined to comment today. But in another regulation issued this year, Medicare expressed concern with what it termed the "manipulation" of its rules.

Related coverage:

N.J. physicians group argues new federal health care law is unconstitutional

Sussex County legislator introduces measure to make federal health care law 'null and void'

Gov. Chris Christie to claim federal funds for health care program


Viewing all articles
Browse latest Browse all 6760

Trending Articles