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Government Shutdown Will Have Little Effect on the Hearing Healthcare Industry

The hearing healthcare industry will be largely unaffected during the federal government shutdown.

U.S. officials said that despite the shutdown that began Tuesday morning, Medicare and Medicaid recipients, as well as veterans, will continue to receive healthcare benefits. Medicare and Medicaid funding is mandatory, and money has already been set aside to continue funding to states for Medicaid services.

During the shutdown, the Department of Veterans Affairs (VA) medical centers, clinics and other health services will remain fully operational.† The Veterans Health Administration has received an advance appropriation to continue its services without disruption.

It is unclear, however, how long these saved funds will last. A prolonged government shutdown could lead to more effects for the hearing healthcare industry, such as delays in reimbursement.

To read more about how the shutdown effects Medicare and Medicaid, click here.

 

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