$3 Trillion Aid Package Passes House, Could Support Senior Living Hazard Pay

The U.S. House of Representatives on Friday passed a $3 trillion package of Covid-19 relief measures, including a $200 billion fund to provide hazard pay for essential workers.

"We are pleased to see a number of our priorities included in the bill’s provisions: among them, an additional $100 billion for the PHSSEF, a Heroes Fund for essential workers, and $75 billion more for testing, contact tracing, and isolation measures," said Argentum President and CEO James Balda.


However, the fate of this bill is far from certain; the package passed largely along partisan lines in the Democrat-controlled House and does not have widespread support among Republicans in the Senate. 


The legislation has "a long way to go in the Senate," Balda noted in his statement.


Private-pay senior living providers have not received substantial support from previous federal Covid-19 relief packages. Some smaller providers have received forgivable loans through the Paycheck Protection Program (PPP), but a $100 billion health care fund has flowed mainly to hospitals and other providers with large Medicare and Medicaid patient populations. Argentum and the American Seniors Housing Association (ASHA) are urging lawmakers to allocate $20 billion in the HEROES Act to support senior living… 


Read the more here: https://seniorhousingnews.com/2020/05/17/3-trillion-aid-package-passes-house-could-support-senior-living-hazard-pay/