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Medicare home healthcare faces a funding cut. A new bill aims to halt that.

1. Bipartisan bill may halt proposed Medicare rate cuts for home healthcare. 2. Cuts could reduce payments by $1.135 billion, impacting care access for seniors. 3. 77% of seniors prefer aging in place, highlighting importance of home care services. 4. Medicare payments have exceeded costs for over 20 years, complicating cuts. 5. 1,000 home health agencies closed since 2020, limiting service availability.

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FAQ

Why Neutral?

While the bill aims to stabilize healthcare funding, SPY’s performance hinges more on broader market indicators than specific Medicare policy.

How important is it?

The article reflects on Medicare funding, which can influence healthcare sector stocks, impacting SPY indirectly.

Why Short Term?

The proposed bill may influence market sentiment temporarily but lacks long-term structural impact on SPY.

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