Balanced Budget Act Of 1997

match Budget Act of 1997 In 1997 the Clinton Administration write into law the Balanced Budget Act. One of the key homework of this act was reduction in Medic atomic number 18 payments to health care providers. The reductions threw a health care system that was essentially in conciliate into turmoil. ?Let me describe the BBA?s phase-out methodology in this way. opine a grocery line spoils a gallon of necessitate out from their wholesaler for $4.00, but the law allows the emptor 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 perch 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 operose the payments for Medica re patients, the government forced many hospitals and out of business a...If you penury to get a sufficient essay, order it on our website: OrderCustomPaper.com

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