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New Federal Budget Resource Available for Residents, Families and Caregivers
On July 24, 2025 by LeadingAge Minnesota
As shared in last week’s Advantage, there are still several unknowns for how the federal budget bill, also known as the “One Big Beautiful Bill”, will impact older adults and the services they need. Minnesota budget officials estimate that the law will result in nearly $500 million in annual losses to our Medicaid program. Most of those reductions will not take effect until Jan. 1, 2027, or later, and will be subject to future state action by the Minnesota Legislature.
Analyzing the “One Big Beautiful Bill” – State Impact Remains Unclear
On July 17, 2025 by Mark Schulz
The passage of the federal "One Big Beautiful Bill" (OBBB) introduces substantial reforms to Medicaid, Medicare, and the Affordable Care Act premium tax credits, focusing on cost containment, program integrity, and greater state flexibility.
Major Federal Legislation Signed into Law
On July 7, 2025 by LeadingAge Minnesota
On July 4, 2025, President Trump signed the "One Big Beautiful Bill" into law, enacting sweeping changes to tax and spending priorities. Of particular importance to aging services providers, the bill includes significant cuts to Medicaid funding and adjustments that may impact nursing home reimbursement rates and long-term care coverage in the future. While some tax provisions aim to benefit workers, the overall fiscal changes raise concerns about the sustainability of safety-net programs that support older adults. It's important to note that impacts to Minnesota remain unclear: providers should not make any immediate changes to their budget or operations until more information is known. Governor Walz's staff indicated the passage of the federal bill could trigger a second special session later this year, but that has not been confirmed. This is a breaking news item. LeadingAge Minnesota is still reading through the final law and working with partners on impact and analysis. Further details and in-depth analyses of the federal bill’s implications for Medicaid providers, nursing homes, and non-profit tax entities will be shared soon. Watch Advantage later this week for more detailed analyses of the new law and what it means for care access, provider operations, and resident wellbeing. If you are a LeadingAge National member, you are also invited to join their member call today at 2:30 Central Time. Follow this link to register.