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Essay / Rusty Metcalfe, Chief Information Officer of...
As previously mentioned, reimbursement rates are and have been at the forefront in this industry for years. President Obama's Affordable Care Act (ACA) and Medicare sequestration-related budget cuts put several carriers out of business (FLTCH instituted a 25% across-the-board layoff in 2013). Additionally, policies proposed by President-elect Donald Trump, such as repeal (or more likely reconciliation) of the ACA, could be a boon for the industry, but replacement policies such as sales of Interstate insurance, high-deductible insurance plans and Medicaid block grant funding will make running a senior care facility potentially even more difficult in the years to come