{"id":451009,"date":"2021-03-04T11:09:05","date_gmt":"2021-03-04T16:09:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451009"},"modified":"2021-03-04T11:09:05","modified_gmt":"2021-03-04T16:09:05","slug":"congress-fails-seniors-and-caregivers-in-covid-relief-package","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/congress-fails-seniors-and-caregivers-in-covid-relief-package\/","title":{"rendered":"Congress Fails Seniors and Caregivers in COVID Relief Package"},"content":{"rendered":"

\n\u201cIt\u2019s nonsensical:\u201d Relief for long-term care remains absent from the American Rescue Plan
\n<\/h2>\n
\n

Alexandria, Va., March 04, 2021 (GLOBE NEWSWIRE) — Seniors and their caregivers will be left behind in a $1.9 trillion rescue package that Congress is expected to pass this weekend. Last week, the only proposed funds to support long-term care providers in the American Rescue Plan were eliminated due to \u201cjurisdictional issues,\u201d prior to the House advancing it to the Senate. Now, as the Senate is poised to pass their version of the legislation, the anticipated final package fails to provide any dedicated relief to senior living communities that have been on the front lines, despite their pleas.<\/p>\n

\u201cRelief funding for long-term care remains noticeably and alarmingly absent from the legislation\u2019s provisions,\u201d said James Balda, Argentum\u2019s president & CEO. \u201cIt\u2019s nonsensical that the providers serving the most vulnerable population during this pandemic have been left without meaningful support in this latest package.\u201d<\/p>\n

With the exclusion of senior living in this bill, it elevates the critical need for Provider Relief funds\u2014allocated months ago via the CARES Act\u2014to be distributed swiftly and in full. Relief that has been promised has been slow to be distributed and denials have been processed with no clear explanation. Assisted living communities received little financial relief in comparison to other providers. And to date, they have only received a fraction of what\u2019s been promised.<\/p>\n

\u201cThe administration needs to step up and ensure this funding is distributed before communities have to start closing their doors,\u201d said Balda. \u201cIf communities close, seniors will lose their homes, caregivers will lose jobs, and the financial burden on Medicaid will rise steeply.\u201d<\/p>\n

\u201cThe pandemic is far from over for the long-term care industry, and providers are continuing to shoulder rising costs,\u201d said Balda. \u201cGiven the failure of Congress to consider the needs of seniors and caregivers in this package, there remains a need for targeting support in future legislation and most critically through what remains in the Provider Relief Fund.\u201d<\/p>\n

\n About Argentum<\/strong>
\n
Argentum\u202fis the leading national association exclusively dedicated to supporting companies operating professionally managed, resident-centered senior living communities and the older adults and families they serve. Since 1990, Argentum has advocated for choice, independence, dignity, and quality of life for all older adults. Argentum member companies operate senior living communities offering assisted living, independent living, continuing care, and memory care services. Along with its state partners, Argentum\u2019s membership represents approximately 75 percent of the senior living industry\u2014an industry with a national\u202feconomic impact<\/a>\u202fof nearly a quarter of a trillion dollars and responsible for providing over 1.6 million jobs. These numbers will continue to grow as the U.S. population ages. Argentum\u2019s programs and initiatives are driven by its membership. For more information about joining Argentum, please visit\u202fargentum.org\/membership<\/a>. Learn more at\u202fargentum.org<\/a>.<\/p>\n


\n
\n \n <\/div>\n

\n
Jessica McKay\r\nArgentum\r\n5715272624\r\njmckay@argentum.org\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
\u201cIt\u2019s nonsensical:\u201d Relief for long-term care remains absent from the American Rescue Plan Alexandria, Va., March 04, 2021 (GLOBE NEWSWIRE) — Seniors and their caregivers will be left behind in a $1.9 trillion rescue package that Congress is expected to pass this weekend. Last week, the only proposed funds to support long-term care providers in the American Rescue Plan were eliminated due to \u201cjurisdictional issues,\u201d prior to the House advancing it to the Senate. Now, as the Senate is poised to pass their version of the legislation, the anticipated final package fails to provide any dedicated relief to senior living communities that have been on the front lines, despite their pleas. \u201cRelief funding for long-term care remains noticeably and alarmingly … <\/p>\n
Continue reading “Congress Fails Seniors and Caregivers in COVID Relief Package”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451009","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCongress Fails Seniors and Caregivers in COVID Relief Package - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/congress-fails-seniors-and-caregivers-in-covid-relief-package\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Congress Fails Seniors and Caregivers in COVID Relief Package - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u201cIt\u2019s nonsensical:\u201d Relief for long-term care remains absent from the American Rescue Plan Alexandria, Va., March 04, 2021 (GLOBE NEWSWIRE) — Seniors and their caregivers will be left behind in a $1.9 trillion rescue package that Congress is expected to pass this weekend. Last week, the only proposed funds to support long-term care providers in the American Rescue Plan were eliminated due to \u201cjurisdictional issues,\u201d prior to the House advancing it to the Senate. Now, as the Senate is poised to pass their version of the legislation, the anticipated final package fails to provide any dedicated relief to senior living communities that have been on the front lines, despite their pleas. \u201cRelief funding for long-term care remains noticeably and alarmingly … Continue reading "Congress Fails Seniors and Caregivers in COVID Relief Package"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/congress-fails-seniors-and-caregivers-in-covid-relief-package\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T16:09:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDY4NyM0MDQ5MTI0IzIxOTU3NTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Congress Fails Seniors and Caregivers in COVID Relief Package\",\"datePublished\":\"2021-03-04T16:09:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/\"},\"wordCount\":482,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NDY4NyM0MDQ5MTI0IzIxOTU3NTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/congress-fails-seniors-and-caregivers-in-covid-relief-package\\\/\",\"name\":\"Congress Fails Seniors and Caregivers in COVID Relief Package - 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