A bill that creates a loan repayment program for medical residents passed May 21.<\/p>\n
LB196, introduced by Lincoln Sen. Kathy Campbell, amends the Rural Health Systems and Professional Incentive Act by creating a resident loan repayment program.<\/p>\n
Under the bill, a qualified applicant must be enrolled or accepted in an approved medical specialty residency program in Nebraska and agree to one year of full-time practice in a designated health profession shortage area. The medical resident also is required to accept Medicaid patients in his or her practice.<\/p>\n
Loan repayment is limited to $40,000 per each year of residency, not to exceed $120,000 per recipient. A resident who does not adhere to the terms of the act will be required to repay the state 150 percent of the outstanding loan principal at an 8 percent annual interest rate from the date of default.<\/p>\n
The bill also increases the financial assistance limits of two existing programs under the act.<\/p>\n
Limits on student loans increase from $20,000 to $30,000 per year, not to exceed $120,000 for medical, dental or doctoral-level mental health students. Limits on loan repayment for physicians, dentists and psychologists increase from $20,000 to $30,000 per year of full-time practice in a designated health profession shortage area, not to exceed $90,000 per recipient.<\/p>\n
Loan repayment limits also increase from $10,000 to $15,000 per year, not to exceed $45,000 per recipient, for physician assistants, nurse practitioners, pharmacists, physical therapists, occupational therapists and mental health practitioners.<\/p>\n
Any repayment obligations under the act will be cancelled in the event of a recipient\u2019s total and permanent disability or death.<\/p>\n
LB196 passed on a 48-0 vote.<\/p>\n","protected":false},"excerpt":{"rendered":"
A bill that creates a loan repayment program for medical residents passed May 21. LB196, introduced by Lincoln Sen. Kathy<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[78],"class_list":["post-17526","post","type-post","status-publish","format-standard","hentry","category-health-and-human-services","tag-sen-kathy-campbell"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/17526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17526"}],"version-history":[{"count":1,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/17526\/revisions"}],"predecessor-version":[{"id":17527,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/17526\/revisions\/17527"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}