The U.S. Senate yesterday passed legislation that will delay the date of a 21.2 percent Medicare payment cut to physicians until Oct.1.
The U.S. Senate Tuesday, by a 78-19 vote, passed the $10 billion Temporary Extension Act of 2010, which includes a provision that delays a 21.2 percent Medicare payment reduction to physicians until the end of March. The House of Representatives passed the legislation last week.
The U.S. House of Representatives voted Thursday to pass H.R. 3961, the Medicare Physician Payment Act, 243-183, altering the way Medicare pays physicians and preventing a scheduled 21.2 percent rate decrease set to take effect on Jan. 1, 2010.
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The U.S. Senate yesterday, by a 78-19 vote, passed the $10 billion Temporary Extension Act of 2010, which includes a provision that delays a 21.2 percent Medicare payment reduction to physicians until the end of March. The House of Representatives passed the legislation last week.
The 21.2 percent cut in Medicare reimbursement officially went into effect Monday, March 1, but the Centers for Medicare and Medicaid Services (CMS) issued a guidance Friday that will delay its effects for two weeks, or until the U.S. Senate acts on a bill delaying the cut.
Senate Majority Leader Harry Reid, D-Nev., is “determined to continue working” on changing the Medicare payment system and repealing the sustainable growth rate (SGR) formula after failing last week to get enough votes to force an up-or-down vote on S. 1776 (Medicare Physician Fairness Act).
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