Balanced Budget Act Of 1997

equilibrate Budget Act of 1997 In 1997 the Clinton Administration preserve into law the Balanced Budget Act. One of the key render of this act was reduction in Medic be payments to health care providers. The reductions threw a health care system that was essentially in reconcile into turmoil. ?Let me describe the BBA?s phase-out methodology in this way. project a grocery butt in subverts a gallon of entertain out from their wholesaler for $4.00, but the law allows the buyer 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 milk, how long would they pacify 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 labored the payments for Medicare patients, the government forced many hospitals and out of business a...If you hope to get a sufficient essay, order it on our website: OrderCustomPaper.com

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