DearColleague.us

Letter

Marcy Kaptur

From the office of:

Marcy Kaptur

Sending Office: Honorable Marcy Kaptur
Sent By:
Margaret.McInnis@mail.house.gov

Dear Colleague:

Please join Representative Kaptur and Representative Gibbs in sending a letter encouraging bipartisan support of loan forgiveness on Accelerated Payments that have been made to healthcare providers. 

Nearly 1,000 health systems and hospitals from 49 states have signed on to support this effort. Hospitals across our districts have shared that in the absence of more financial support, including this forgiveness, it is nearly certain that many hospitals
will be forced to close or significantly scale back operations. 

The letter outlines:

  • Forgiveness would be for health care related expenses or lost revenues that are directly attributable to coronavirus.
  • Providers electing to have their advance payment loans forgiven would be obligated to abstain from balance billing any patient for COVID-related treatment.
  • Congress would mandate criteria for transparency and accountability of the loan forgiveness.

Thank you for your support of this effort. This letter will close on Friday afternoon April 24th.

To sign on please complete the google form
here
.
Should you have any questions, do not hesitate to reach out to Margaret McInnis,
margaret.mcinnis@mail.house.gov with Rep. Kaptur or Alex Briggs,
alex.briggs@mail.house.gov with Rep. Gibbs.

————————————————————————————————————————

Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer:

Thank you for your leadership and work to provide relief to the American people during the COVID-19 epidemic through the passage of the Families First Coronavirus Response Act, and the Coronavirus Aid, Relief and Economic Security (CARES) Act. With negotiations
for the next COVID-19 relief package underway, we write to convey our strong support that future legislation include a provision that forgives Medicare accelerated payments’ interest rates and pursues full loan forgiveness for hospitals and other providers.

Our nations’ hospitals have invested heavily to prepare for the pandemic. They canceled tens-of-thousands of elective surgeries and non-emergent patient tests at the government’s request to help assure there is adequate hospital capacity, preserve gear and
equipment, and reduce the risk of unnecessary patient spread. This major shift has put some of America’s hospitals on the brink of financial disaster.

Without further support, hospitals will face another financial crisis just four months from now as the government begins to withhold Medicare payments for services provided after the pandemic fades and until the loans are repaid. While the $100 billion provider
grant program, designed to provide support to all providers, was helpful, much more is needed. In the absence of substantially more financial support, it is nearly certain that many hospitals will be forced to close or significantly reduce health care services
over the next several months – and perhaps longer. This would be a tragic consequence, especially if the country is hit with another round of the viral epidemic in the near future.

In addition to grant funding and new loan programs with zero or low interest rates, Congress should provide loan forgiveness to ensure the additional financial support hospitals and other providers direly need. Forgiveness would be for health care related
expenses or lost revenues that are directly attributable to coronavirus. And, just like the requirement in the provider grant program, providers electing to have their advance payment loans forgiven would be obligated to abstain from balance billing any patient
for COVID-related treatment. In addition, Congress would mandate criteria for transparency and accountability of the loan forgiveness.

Emergency funding requests to combat the unprecedented times we face do not come lightly. We recognize the Hospital Insurance Trust Fund faces imminent concern necessitating a long-term financial solution, and Congress is committed to its solvency. Furthermore,
we are also committed to providing timely aid and necessary relief for our hospital caregivers and providers. Thank you for your attention to this important matter. We stand ready to work with you in every way to support the men and women on the frontline
caring for those with the coronavirus.                                                          

Sincerely,

 

Marcy Kaptur

Member of Congress

 

Bob Gibbs

Member of Congress

Related Legislative Issues

Selected legislative information: Appropriations, Finance, HealthCare

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