Bipartisan bill would roll back 9% of the planned 9.75% in cuts
The Senate is expected to soon vote on a bipartisan bill that has already passed the House of Representatives eliminating most of the Medicare physician pay cuts scheduled to go into effect at the end of the year.
According to the Medical Group Management Association, the legislation would:
These changes would eliminate 9% of the 9.75% planned Medicare payment reductions to physician practices scheduled for Jan. 1, 2022.
The Protecting Medicare & American Farmers from Sequester Cuts Act passed the House December 7.
Ways and Means Chairman Richard E. Neal, D-MA, said in a statement: "Our nation's health care providers have had their limits tested time and time again throughout the pandemic, and with this legislation, we will save them from harmful cuts to the Medicare payments on which they rely."