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Congress Postpones Massive Medicare Pay Cut |
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Congress Postpones Massive Medicare Pay Cut By: Justin Vaughn, CPC, M.Div Director of Compliance
According to the Associated Press (AP), the US House of Representatives has, today, followed the lead of the Senate in providing a one-month “fix” to the planned cut in Medicare physician fee schedule payments that was due to begin December 1. The proposed legislation, which the president is expected to sign without delay, will push back the 23% reduction in physician reimbursement to January 1.
While we are thankful for this last-minute reprieve, Medac continues to urge our friends in the healthcare industry to press Congress for a long-term solution to this continuing source of concern. The ASA website provides some helpful guidance in contacting your elected officials.
The information presented herein reflects general information that is current as of the date it was first published. In light of changes that may occur in the health care regulatory and compliance environments, the author's presentation of this information might become outdated. Please check with your individual legal and/or compliance advisor(s) prior to taking any significant actions based upon the information and advice presented.
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