US regulators OK North Carolina Medicaid carrot to hospitals to eliminate patient debt
Gov. Cooper's administration has estimated the plan has the potential to help 2 million low- and middle-income people in the state get rid of $4 billion in debt.
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Show Notes
Federal Medicaid regulators have signed off on a proposal by North Carolina Gov. Roy Cooper 's administration to offer scores of hospitals in the state a financial incentive to eliminate patients' medical debt and carry out policies that discourage future liabilities.
Cooper’s office said Monday that the Centers for Medicare and Medicaid Services late last week approved the plan submitted by the state Department of Health and Human Services.
Cooper and health department leaders have described the plan as a first-of-its-kind proposal in the country to give hospitals a new financial carrot to cancel debt they hold on low- and middle-income patients and to help residents avoid it. The effort also received praise Monday from Vice President Kamala Harris, the likely Democratic presidential nominee.
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