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Resources: Vaccine Mandate, CMS Updates, KY General Assembly Session Bills Passed and more
President Biden Announces New Vaccine Mandate- On September 9, 2021
President Biden announced new vaccine requirements including requiring vaccinations for nursing home workers, hospitals, dialysis facilities, ambulatory surgical settings, home health agencies and others as a condition to participate in Medicare and Medicaid programs. CMS is developing an Interim final Rule with Comment Period that will be issued in October. The compliance deadline is unknown but excepted to be by the end of 2021.
Read the full CMS release here.
In addition to the CMS mandate for vaccinations of Medicare and Medicaid health care providers, the U.S. Department of Labor will issue requirement for employers with over 100 employees to have vaccine mandates and/or testing. Also, all federal employees and contractors will need to be vaccinated.
CMS Updates Medicare COVID-19 Billing Guidance
On September 8, 2021 the Centers for Medicare and Medicaid Services (CMS) updated MLN Matters SE2011. Please take note in this guidance CMS DID NOT change the longstanding blanket 3-day qualifying stay or spell of illness waivers for beneficiary eligibility for SNF Part A coverage.
Click here to view the MLN Matters SE2011.
Reference Waiver guidance is available here.
Proposal to Increase Tax Revenue Through Financial Information
Banks having been notifying their customers of a Biden administration proposal released to increase tax revenue through a more comprehensive collection of financial information on banking customers. If approved financial institutions would be required to report all financial information on accounts with inflow/outflows or balances above $600. Banking institutions are deeply opposed to this proposed legislation. They are concerned about their customers privacy as well as the burden of expense this would place on banks to comply which would ultimately cost their customers. Banks are encouraging their customers to contact their legislators and ask them to oppose this legislation. For more information we encourage you to contact your banking institution.
KY General Assembly Session Bills Passed
As a result of last week’s special session 3 bills were passed including: HJR1, which extended the state or emergency and other special rules until January 15, 2022, SB2, allowing Personal Care Aides to transition to state-registered nurse aides to aide the workforce shortage as well as other provisions and SB3, which appropriates $69 million of American Rescue Plan Act funds to be used for health care, long-term care, and school system COVID-19 testing and management of monoclonal antibody treatment.
