Economic Stimulus Package
HIDA’s Government Affairs team sifted through the economic stimulus packages signed by the president, identifying key language of interest to medical products distributors. The third legislative package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act requires:
- The National Academies of Science to lead a report on the health of the medical supply chain
- Additional reporting for device shortages
- The Strategic National Stockpile to include PPE and other ancillary supplies
- Emergency grants and forgivable loans
HIDA President & CEO Matthew J. Rowan sent a letter to small business members, notifying them about the provisions in the stimulus legislation integral to their operations.
For example, the Paycheck Protection Program allows small businesses to borrow from any SBA-approved lender to make payroll.
Letters To FEMA
HIDA President and CEO Matthew J. Rowan sent a letter to the head of the Federal Emergency Management Agency, recommending that FEMA “provide the strategic direction needed to more effectively target PPE supplies based on greatest need.” The letter was cited in the Wall Street Journal, ProPublica, The Rachel Maddow Show, and CBS Evening News, among other media outlets.
HIDA and the American Health Care Association sent a letter to FEMA encouraging the prioritization of personal protective equipment (PPE) to the nation’s nursing homes and assisted living communities.