To amend title XVIII of the Social Security Act to provide a wage index floor for hospitals and home health agencies located in certain areas under the Medicare Program.
Summary
This bill aims to protect Medicare funding for hospitals and home health agencies by establishing a minimum "wage index," which is the formula Medicare uses to adjust payments based on local labor costs. By setting this "floor," the legislation ensures that healthcare providers in certain rural areas and urban parts of New Hampshire do not see their federal reimbursements drop below previous levels. For everyday citizens, this support helps local medical facilities remain financially stable, making it easier for them to retain staff and continue providing essential services to the community.
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