Senates Spending Plan Keeps Medicare Cuts from Sequestration
Yesterday, the Senate passed a spending plan package to prevent the scheduled federal government shutdown scheduled for March 27, 2013. The spending package will keep the government financed to run through September 1, 2013 and now goes to the House for passage.
As reported by Modern Healthcare in the article below, the Senate spending package maintains many of the healthcare cuts included in the government sequester, including the 2% reduction to Medicare Part A and Part B claims for dates of service on and after April 1, 2013. As a reminder, this 2% cut is applied after any member cost sharing for services is applied rather than applied to the Medicare allowable for services.
Please see the article below for full details about the Senate spending package and how it addresses the sequester’s cuts to the healthcare industry: