Medicare payment cut deadline comes and goes
Contemporary Long-Term Care Weekly, June 3, 2010
When the Senate adjourned May 28 for Memorial Day break, they left Capitol Hill without addressing the physician payment cuts scheduled to take effect June 1. As a result, physicians could soon be paid approximately 21% less to treat Medicare patients, according to ABC News.
A lasting solution to the payment cut issue has been unattainable in the past decade. On June 1, the House of Representatives voted to freeze the Medicare payment cuts until December 2011 by passing H.R. 4213 before departing for the break. CMS released a letter to doctors explaining that it will hold claims for 10 days in anticipation that the Senate will pass the bill upon its June 7 return. Should the Senate pass H.R. 4213 as expected, it will mark the 10th payment cut delay since 2002.
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