We have received text from S. 2524: Restoring Essential Healthcare Act. This bill was received on 2025-07-29, and currently has 30 cosponsors.
Here is a short summary of the bill:
The Restoring Essential Healthcare Act aims to amend a previous law by reversing a ban on payments under the Medicaid program to certain entities. Specifically, the bill seeks to repeal Section 71113 of Public Law 119-21, which currently prohibits Medicaid from making payments to specific organizations considered "prohibited entities."
Key Provisions
- Repeal of Payment Prohibition: The bill removes the restrictions imposed by Section 71113, which means Medicaid could begin covering services provided by these previously prohibited entities.
- Retroactive Payments: The legislation requires that if medical assistance was provided by any prohibited entity between the enactment of Public Law 119-21 and the enactment of this Act, Medicaid payments for those services should be processed as if the prohibition had never been in place.
Impact on Medicaid
The legislation is intended to ensure that Medicaid beneficiaries have improved access to healthcare services by allowing payments to a broader array of healthcare providers that were previously excluded under the prohibition. By restoring the ability for these entities to receive Medicaid payments, the bill aims to enhance the range of services available to Medicaid recipients.Overall Objective
The overall goal of the Restoring Essential Healthcare Act is to broaden access to essential healthcare services for individuals covered by Medicaid, undoing restrictions that may limit the availability of care and support under the program.Relevant Companies
None found.Senator Tina Smith Bill Proposals
Here are some bills which have recently been proposed by Senator Tina Smith:
- S.2616: A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.
- S.2582: Advancing Research on Agricultural Soil Health Act of 2025
- S.2524: Restoring Essential Healthcare Act
- S.2410: Medicaid Bump Act
- S.2028: Supporting Apprenticeship Colleges Act of 2025
- S.1880: CDFI Bond Guarantee Program Improvement Act of 2025
You can track bills proposed by Senator Tina Smith on Quiver Quantitative's politician page for Smith.
Senator Tina Smith Net Worth
Quiver Quantitative estimates that Senator Tina Smith is worth $5.9M, as of August 9th, 2025. This is the 134th highest net worth in Congress, per our live estimates.
Smith has approximately $3.5M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Tina Smith's net worth on Quiver Quantitative's politician page for Smith.
Senator Tina Smith Stock Trading
We have data on up to $7.1M of trades from Senator Tina Smith, which we parsed from STOCK Act filings. Some of the largest trades include:
- A August 30th, 2018 sale of up to $500K of $PODD. The stock has risen 199.52% since then.
- A January 16th, 2018 sale of up to $500K of $CUTR. The stock has fallen 99.8% since then.
- A March 17th, 2020 sale of up to $500K of $DXCM. The stock has risen 58.72% since then.
- A April 9th, 2019 sale of up to $500K of $ABT. The stock has risen 70.69% since then.
- A April 5th, 2023 sale of up to $250K of $MDT. The stock has risen 15.71% since then.
You can track Senator Tina Smith's stock trading on Quiver Quantitative's politician page for Smith.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
