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Credit: NIH
The US House and Senate have passed a bill that will delay for another year the 24% cut in Medicare reimbursements that was set to take effect April 1 as part of the sustainable growth rate (SGR) formula.
Leaders from the House and Senate recently agreed on a plan to permanently replace the SGR, but they could not agree on a way to pay for it.
The current bill delays the cuts to Medicare reimbursements and extends other expiring healthcare provisions, such as higher payment rates for rural hospitals and ambulance rides in rural areas.
In total, this is expected to cost $21 billion. It will be paid for by cuts to healthcare providers, but half of the cuts won’t take effect for 10 years.
The SGR calls for annual, automatic cuts in Medicare payments to physicians, but these cuts have accumulated over the years. This marks the seventeenth temporary “patch” to the SGR.
For more details on this year’s fix, see the bill: Protecting Access to Medicare Act of 2014 (H.R. 4302). 
Credit: NIH
The US House and Senate have passed a bill that will delay for another year the 24% cut in Medicare reimbursements that was set to take effect April 1 as part of the sustainable growth rate (SGR) formula.
Leaders from the House and Senate recently agreed on a plan to permanently replace the SGR, but they could not agree on a way to pay for it.
The current bill delays the cuts to Medicare reimbursements and extends other expiring healthcare provisions, such as higher payment rates for rural hospitals and ambulance rides in rural areas.
In total, this is expected to cost $21 billion. It will be paid for by cuts to healthcare providers, but half of the cuts won’t take effect for 10 years.
The SGR calls for annual, automatic cuts in Medicare payments to physicians, but these cuts have accumulated over the years. This marks the seventeenth temporary “patch” to the SGR.
For more details on this year’s fix, see the bill: Protecting Access to Medicare Act of 2014 (H.R. 4302).
Credit: NIH
The US House and Senate have passed a bill that will delay for another year the 24% cut in Medicare reimbursements that was set to take effect April 1 as part of the sustainable growth rate (SGR) formula.
Leaders from the House and Senate recently agreed on a plan to permanently replace the SGR, but they could not agree on a way to pay for it.
The current bill delays the cuts to Medicare reimbursements and extends other expiring healthcare provisions, such as higher payment rates for rural hospitals and ambulance rides in rural areas.
In total, this is expected to cost $21 billion. It will be paid for by cuts to healthcare providers, but half of the cuts won’t take effect for 10 years.
The SGR calls for annual, automatic cuts in Medicare payments to physicians, but these cuts have accumulated over the years. This marks the seventeenth temporary “patch” to the SGR.
For more details on this year’s fix, see the bill: Protecting Access to Medicare Act of 2014 (H.R. 4302).