Congress plans to vote to avoid upcoming health insurance cuts this week
Provider is prepared to receive relief from pending medical insurance reduce According to the legislation, Congress may pass it as soon as this week.
The House of Representatives may vote on the measure as early as Tuesday, and the Senate intends to take action on Thursday.
Rick Pollack, president and chief executive officer of the American Hospital Association, said the bill did not meet the standards advocated by healthcare providers, but Congress is taking steps to prevent the tens of millions of dollars in reimbursement cuts scheduled to take effect next year Plan, this makes the hospital feel relieved.
Pollack said in a press release: “The American Heart Association is pleased that the House of Representatives has recognized that this is not the time to reduce the number of hospitals and doctors under the health insurance plan.” “Providers on the front lines of the fight against COVID-19 will not face An additional imminent financial crisis, because they will continue to take care of patients and the community.”
this legislationA bill issued by the House Rules Committee on Tuesday will postpone the 2% Medicare rate cut to March 2022 and postpone another 4% Medicare cut plan until 2023, totaling approximately $36 billion. .
The 2% health insurance cuts stemmed from the 2011 law, which required the federal government to cut spending starting in 2013.Congress and President Donald Trump Postpone layoffs Last year as part of the federal pandemic response. The bill will be suspended until April 1, after which suppliers will cut 1% by June 30 and 2% before the expiration of the 2031 budget.
The 4% health insurance cut is the result of the budget law, called Pay as you go This requires increasing income or reducing expenditures to offset the increase in the deficit. The COVID-19 relief plan promulgated this year has led to a widening of the budget deficit, which has led to a reduction in expenditures.
The bill also includes a 3% increase in the compensation of providers paid under the Medicare physician fee schedule.
Legislators believe that the increase is necessary to avoid cuts in payments Stemming From the changes made to the fee schedule last year by the Center for Medicare and Medicaid Services. Due to budget-neutral requirements, increased payments by primary care doctors have led to plans to cut specialist doctors. Congress stepped in to avoid cuts and increased 3.75% for all doctors. The medical community has asked Congress to extend the salary increase again.
“This legislation will bring some stability to the health insurance payment system to ensure that patients can continue to see a doctor,” Rep. Kim Schlier (D-Wash.), who drafted the bill, said in a press conference.