MEDICAID CUTS — It’s crisis time!
Oklahoma Health Care Authority announced yesterday that Medicaid reimbursement rates would be reduced by 25% — creating a crisis for Oklahoma seniors and nursing homes and dismantling the network of facilities that care for our most vulnerable citizens.
YOU DO THE MATH!
You know your Medicaid income and how difficult it is to survive now. Subtract 25% of that income and see how it affects you.
A Disaster for Our Residents and Our Profession — Widespread Nursing Home Closures!
Already operating at a loss with the current Medicaid rates in Oklahoma, it is estimated that a 25% rate reduction would mean possible closures of 93 percent of the nursing homes in Oklahoma. While a cut of any kind would force some homes to close, the cuts being proposed today represent a catastrophe for nursing home residents and employees. The OAHCP estimates that, at a 25% rate cut, 269 homes would be at serious risk of closing. If that happens 16,800 residents would be displaced and 16,900 employees would lose their jobs.
The Coalition of Advocates for Responsible Eldercare is an organization established in 2004 to advocate on behalf of the long term care community and the frail, elderly and disabled residents which they serve. Charged with a mission to advance the value of long-term health care in Oklahoma, CARE achieves this by sharing the passion and joy of those in the profession through effective education and marketing. Working in close coordination with a variety of public and private companies, associations, government entities, as well as other health care groups, CARE continues to move the state towards its overall vision of improving the quality of life for the state’s thousands of facility residents.