Members of our healthcare team recently published a LawFlash highlighting the American Rescue Plan Act of 2021 (ARPA). ARPA provides $1.9 trillion in relief funding to address the COVID-19 pandemic, support the US economy, and provide relief for impacted Americans, and includes provisions specifically affecting healthcare providers remaining on the frontlines.
Healthcare entities may be particularly interested in learning more about these provisions, which reinforce the nation’s healthcare safety net with funding for rural healthcare providers, community health centers, and skilled nursing facilities, as well as make modifications to the Medicare and Medicaid programs, boost funding for behavioral health needs and resources, and expand access to individual health insurance coverage.
For more insight regarding ARPA’s impact on businesses, workers, and the government, we invite you to access these additional LawFlashes:
- American Rescue Plan’s Health and Welfare Benefit Provisions: COBRA and DCFSA Action Items
- Initial Key Takeaways from the American Rescue Plan Act of 2021
As a reminder, we continue to monitor issues surrounding economic recovery from the COVID-19 pandemic across industries, including access to funds, changing tax and reporting requirements, consumer protection updates, and new rules on litigation. Access our Navigating the NEXT. page for additional resources.