Adviser Vol. 1 | Page 39

ANNUAL CONFERENCE RECAP | 2018 the service coordinator program; 12.5 percent increase in Low-Income Housing Tax Credit (LIHTC) authority for four years to offset the impact of lower tax rates and new “income averaging” in LIHTC program. Providers can choose to average out incomes at 60 percent and it allows for serving a range from 80 percent to 60 percent that will help high rent parts of the country. Finally, Nicole discussed the key legislative and executive activities the association was focused on. The legislative issues include a proposal by Representative Pallone (NJ) related to a Medicare Long Term Services and Supports (LTSS) Insurance Model, which LeadingAge is evaluating and will submit comments on, after which, a discussion draft for potential legislation will be distributed. The association is also perusing legislation allowing for agency discretion related to authorizing Certified Nursing Assistant (CAN) training programs. The presenter wrapped up with an update on the Requirements of Participation Phase II and III and the Proposed Prospective Payment System (PPS) rules for SNF and Hospice and the new payment methodology to replace Resource Utilization Group (RUGs-IV), called Patient Driven Payment Model (PDPM). leadingageny.org 38