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MANCHIN BILL TO IMPROVE MEDICARE PAYMENTS PROGRAM, PROVIDE FINANCIAL RELIEF FOR HEALTHCARE PROVIDERS ON FRONT LINES OF COVID-19 PANDEMIC
Washington, DC – U.S. Senator Joe Manchin (D-WV) announced he will introduce legislation to reduce interest rates and modify repayment obligations for healthcare providers who’ve sought financial assistance amid the coronavirus pandemic through Medicare’s Accelerated and Advance Payments Program. This program was expanded under the CARES Act to allow for hospitals, physicians and other Medicare-participating providers to apply for upfront payments from Medicare to help cover revenue shortfalls as a result of COVID-19. To date, West Virginia healthcare providers have received $654 million in upfront payments through this program to mitigate the economic shortfall caused by the pandemic.
“Our healthcare providers are on the front lines of the COVID-19 pandemic and are feeling the financial burdens of cancelling elective procedures and other work that provides the financial support many of our providers need to stay afloat. This legislation will reduce interest rates and modify repayment obligations through Medicare’s Accelerated and Advance Payments Program. This change will allow our healthcare providers to continue caring for their fellow West Virginians without worrying about keeping their doors open and paying back their Medicare assistance. I am proud to introduce this legislation and will work with my colleagues on both sides of the aisle to make commonsense changes that help our healthcare providers during this crisis,” said Senator Manchin.
MANCHIN LEADS BIPARTISAN PUSH FOR CHILD CARE SUPPORT IN NEXT COVID-19 RELIEF PACKAGE
Washington, DC – U.S. Senator Joe Manchin (D-WV) led a bipartisan letter urging Senate leadership to include child care funding in the next COVID-19 relief package.
The Senators said in part, “We write today regarding our nation’s child care providers. As Congress considers additional relief for those affected by the COVID-19 pandemic, it is critical we provide additional support for the child care sector to ensure providers can maintain operations and continue to meet the needs of essential workers, and remain viable going forward as our country moves towards economic recovery.”
“The CARES Act provided much-needed relief for child care providers and families across the country. As Congress considers the next round of relief legislation, we urge leadership to build on its efforts to provide more support for child care so we can effectively serve the needs of essential workers in the short term, and ensure that parents can return to work as our economy recovers,” they continued.
MANCHIN, CAPITO ANNOUNCE ARC SUPPORT FOR WEST VIRGINIA COMMUNITIES
Washington, DC – U.S. Senators Joe Manchin (D-W.Va.) and Shelley Moore Capito (R-WV), members of the Senate Appropriations Committee, today announced $3,750,000 for Appalachian Community Development Financial Intuitions (CDFI) to provide support for small businesses amid the coronavirus (COVID-19) outbreak. This funding is made available through the Appalachian Regional Commission (ARC) and will help support operational costs of community lenders in Appalachia that have suspended loan repayments from small businesses as the COVID-19 pandemic has severely limited operational opportunity and resources.
“Small businesses in West Virginia are struggling due to the COVID-19 pandemic. This funding from ARC will help CDFIs provide loan deferrals to small businesses to free up cash flow, which will help our small businesses stay afloat during these challenging times. I am pleased ARC is assisting West Virginia businesses and I look forward to continuing our strong partnership,” said Senator Manchin.
MANCHIN, CAPITO ANNOUNCE MORE THAN $5.7 MILLION FOR WEST VIRGINIA COMMUNITY RECOVERY EFFORTS
Washington, DC – U.S. Senators Joe Manchin (D-WV) and Shelley Moore Capito (R-WV), members of the Senate Appropriations Committee, today announced $5,750,278 for communities across West Virginia to prevent, prepare for, and respond to the coronavirus (COVID-19). This funding is made available through the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) Program, which received additional funding in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was signed into law on Friday, March 27.
“The COVID-19 pandemic has disrupted the lives of every West Virginian and has created housing instability for many of our friends and neighbors. Everyone deserves to have a roof over their head and food to eat, and this funding will help ensure that during this crisis, our fellow West Virginians are taken care of. Continuing to invest in our communities is essential to taking care of one another, and I will continue to fight for funding that will help West Virginians get back on their feet,” said Senator Manchin. |