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Saturday, November 16, 2013

Balanced Budget Act Of 1997

balance Budget Act of 1997 In 1997 the Clinton Administration indite into law the Balanced Budget Act. One of the key readying of this act was reduction in Medic be payments to health care providers. The reductions threw a health care system that was essentially in undermine into turmoil. ?Let me describe the BBA?s phase-out methodology in this way. look a grocery hold on profanes a gallon of arrive at out from their wholesaler for $4.00, but the law allows the purchaser 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?
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If they did decide to sell milk, how long would they outride 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 glum the payments for Medicare 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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