Congress proposes 4-year pay fix; groups seek a permanent solution
Effective May 20, 2010
Published May 20, 2010
Your Medicare payments would be stabilized for the next several years under a plan put forth by Congressional Democrats that delays sustainable growth rate (SGR) cuts to Medicare until 2014. The provision - in The American Jobs and Closing Tax Loopholes Act of 2010, H.R. 4213 - contains "reasonable updates in physician payment rates" for the rest of this year and 2011. Rates also would increase in 2012 and 2013, but then would be subject to the SGR in 2014, according to a summary of the bill.
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