Balanced Budget Act Of 1997

equilibrise Budget Act of 1997 In 1997 the Clinton Administration redeem into law the Balanced Budget Act. One of the key readiness of this act was reduction in Medic ar payments to health care providers. The reductions threw a health care system that was essentially in even off into turmoil. ?Let me describe the BBA?s phase-out methodology in this way. cast a grocery shop steals a gallon of waste out from their wholesaler for $4.00, but the law allows the purchaser to buy that alike gallon of take out for $3.00. Does anyone believe the purchaser won?t buy the milk for $3.00? How long would that store sell milk?

If they did decide to sell mi lk, how long would they stay in telephone circuit?? (D.H. Impact of Budget?) The answers to the questions are fairly obvious, but in fact this is exactly what the Balanced Budget Act of 1997 did to hospitals crosswise the country. By substantially backbreaking the payments for Medicare patients, the government forced many hospitals and out of business a...If you lack to get a sufficient essay, order it on our website: OrderEssay.net

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