Creating Access to Residency Education Act of 2024

This bill creates federal grants to expand medical residency training programs in states with fewer than 40 medical residents per 100,000 people. It directly affects public or nonprofit teaching hospitals and accredited training programs in those underserved states. The bill provides federal funding covering 2/3 of costs for primary care residency slots (with hospitals contributing 1/3) or 1/2 of costs for other medical fields (with hospitals contributing 1/2). It requires multiyear funding commitments and allows partnerships with states or health organizations to establish new training slots.