Fierce Health Payers December 7, 2021
The House passed by a vote of 222 to 212 a bill that delays 6% in Medicare cuts set to go into effect Jan. 1 and reduce most of a 3.75% cut to physicians, handing providers a major win they have been fervently lobbying Congress for.
The House Rules Committee released text Wednesday that addresses the series of cuts that come from sequestration, the Pay-As-You-Go Law (PAYGO) and the Physician Fee Schedule (PFS). The legislation is now sent to the Senate, which will need to pass it before the cuts go into effect Jan. 1.
Providers are facing a 2% cut to Medicare payments created under sequestration and delayed last year by Congress to help providers blunt the financial impact...
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