The U.S. House Addressed the Bulk of the Medicare Cuts
Senate Approval Needed | A 9.75% Cut Becomes a .75% Cut
Dear TOA Member:
As always, TOA promises to keep these e-mail updates to a minimum and limited to important news. Coming soon: An e-mail from TOA within the next week or two regarding the state's proposed rule for the new prior authorization law in Texas.
The U.S. House passed a stand-alone Medicare package on December 7 that would address a significant portion of the 9.75% physician Medicare cuts that are scheduled to go into effect on January 1, 2022. In short, the 9.75% Medicare cut would become a .75% cut on January 1, 2022.
The bill now moves to the Senate for its consideration.
The national medical societies largely supported the legislation due to the fact that it would eliminate the majority of the Medicare cuts.
Perhaps Congress will re-visit the issue again in 2022. It's clear that all physicians in Texas need to build relationships with Texas members of Congress so that Medicare is a top priority for all 36 Texas members of Congress.