CARES Act

March 27, 2020

March 25, 2020, the Senate passed a bill known as the CARES Act to provide relief to the American people and industries in the wake of the coronavirus pandemic. The bill was passed by the House of Representatives today and is now before the President for signature. The legislation provides billions of dollars for healthcare providers to assist in the purchase of supplies and otherwise fund operations during this difficult time. The bill also ends the Medicare sequester for calendar year 2020, allowing for additional Medicare reimbursement for this year. In addition, the bill provides for coverage for new care arrangements during the coronavirus emergency period, including extending telehealth care.