Arnold Ventures

ICYMI: Arnold Ventures tax and fiscal policy fellow Scott Hodge radio stations across the country to mark #TaxDay and share how Congress can take action to advance fiscally responsible tax reform. Read more: https://lnkd.in/gjE2U5yU

The Alliance for Fair Health Pricing Coalition (AFFHP) recently sent a letter to Congress urging Members to advance comprehensive site-neutral payment reforms. The reality is, many patients across the country are paying more because of where they receive care. This not only hurts American taxpayers and businesses by raising costs, but it also gives way to widespread and unchecked hospital consolidation. Congress: it’s time to act. Site-neutral reform is a commonsense, bipartisan solution that will lower costs for patients, create substantial cost savings for Medicare, and provide real relief to American families, businesses and taxpayers. Read our letter and full list of policy recommendations here: https://lnkd.in/eTrGqM4q

Last week, the House Ways and Means Health Subcommittee discussed the future of the American biosimilars market, featuring expert testimony from Arnold Ventures grantee Dr. Aaron S. Kesselheim, M.D., J.D., M.P.H. of Harvard’s Program on Regulation, Therapeutics, and Law (PORTAL). Dr. Kesselheim highlighted several policy solutions to encourage greater uptake and development of biosimilars. Find out how these policies can unlock biosimilars' potential to lower costs and improve patient care:

This #TaxDay, Arnold Ventures' Scott Hodge outlines common-sense reforms to extend pro-growth tax provisions from the Tax Cuts and Jobs Act (#TCJA) and keep the nation’s finances on a sustainable path.    That’s why we're urging Congress to lock in pro-growth tax policies while taking bold steps to rein in the federal government’s unchecked spending. We have outlined 20 priority reforms – including both spending cuts and loophole closures – to do just that and help achieve nearly $4 trillion in savings.      Read the full piece in the Pittsburgh Post-Gazette: https://lnkd.in/gBS79u38

Our founders Laura and John Arnold joined Colorado governor Jared Polis to lift up our partnership for proven initiatives, which is helping state leaders make data-driven decisions backed by rigorous, causal studies. "A growing body of research around the real-world outcomes of initiatives and investments has provided the equivalent of GPS for policymakers, charting a clear path to ideas that have been proven to work — ideas ready to scale and implement." Read more in Route Fifty about how Arnold Ventures is working with policymakers to promote data-driven decision-making that helps build a safe, affordable, vibrant future for American families and communities: https://lnkd.in/gQx2h6AF

Medicaid is a lifeline for many. One in five Americans receive their coverage from Medicaid and two thirds of the public say someone close to them has benefited from the program. One of my takeaways from this most recent election is that every day life is not affordable for most. If Congress is interested in health care savings to help pay for tax reform, it should prioritize policies that also make life more affordable for Americans. Cutting Medicaid coverage would not do that, but me and my colleagues have ideas for some policies that would. Read more 👇

North Carolina is making a significant investment in community colleges to improve student outcomes in high-wage fields. The Boost program by North Carolina Community College System (NCCCS) aims to transform the lives of thousands of students by propelling them into high-wage, high-demand careers that will fuel the state's economic growth. Inspired by the success of The City University of New York’s Accelerated Study in Associate Programs (CUNY ASAP), which has doubled graduation rates across multiple states, NCCCS — with support from Arnold Ventures — is bringing this proven model to North Carolina. “We are not going to address the challenges we have with completion in our country on a school-by-school basis,” says Kelly McManus vice president of higher education at Arnold Ventures. “We have to think at the system level.” Read more about this initiative: https://lnkd.in/gHqWXweE

Last week, the Committee for a Responsible Federal Budget held their Third Annual Health Solutions Summit — which brings together health policy leaders to discuss the fiscal health of #Medicare and #Medicaid. Our Medicare and Commercial Prices Fellow, Joshua Gordon, moderated a panel on improving Medicare’s fiscal sustainability, where experts agreed Medicare reform must be on the table as lawmakers face mounting budgetary pressures. Key issues on the table: • Overpayments in Medicare Advantage • Site-neutral payment reform • The Medicare physician fee schedule Learn more: https://lnkd.in/gWyVTrmm #HealthPolicy #FiscalPolicy #CRFB #HealthcareReform

In the face of a bill that sets dangerous precedents and abandons fiscal responsibility, we want to thank the lawmakers who fought for a better path forward.    True reform isn’t just about extending tax cuts—it’s about doing so responsibly, without adding to the deficit or shifting the burden onto future generations. The resolution passed today does the opposite. Our full statement on the House's passage of the budget resolution: https://lnkd.in/gcvCpuq5

As Congress negotiates critical savings options to extend the Tax Cuts and Jobs Act (#TCJA), they should look to an outdated pandemic policy that could save up to $77 billion. Enacted as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Employee Retention Tax Credit (ERTC) was designed to help businesses remain open and their staff employed during the height of COVID. However, this pandemic-era credit has become a target for fraud and has far exceeded initial projections. As a result of this fraud, what was once supposed to cost $55 billion has now run up an estimated tab that could exceed $550 billion. The path forward is clear: by repealing the #ERTC, Congress can do both: extend pro-growth tax reform and do it in a fiscally responsible way. Learn more here: https://lnkd.in/gyAYRUqW