President signs $1.9 trillion COVID-19 relief bill into law

Posted on: 3/12/21

President Biden yesterday signed into law the American Rescue Plan Act of 2021, a $1.9 trillion COVID-19 relief package, which includes a number of provisions that affect hospitals and health systems. 
  
The legislation includes provisions to bolster the nation’s COVID-19 health care response with additional resources for vaccines, treatment, personal protective equipment, testing, contact tracing and workforce development; additional new funding for rural hospitals and health care providers for COVID-19 relief; increased health care coverage through Medicaid and federal subsidies for insurance marketplaces and COBRA; and changes to the Medicare wage index; among other provisions. (AHA Today, March 11, 2021)