Urge Congress to Prevent Huge Medicare Cuts!
The American Medical Association (AMA), together with several other national specialty societies, sent a letter to members of Congress urging action to prevent steep Medicare cuts to many specialties in 2021. This letter outlined support for expressing support for H.R. 8702, the “Holding Providers Harmless from Medicare Cuts During COVID-19 Act of 2020″. CLICK HERE to read the letter.
H.R. 8702 was drafted in response to the anticipated impact of the 2021 Medicare physician payment schedule rule that will cause a significant redistribution in payments beginning in January. The legislation would effectively freeze payments at 2020 rates for services scheduled to be cut in 2021 for a period of two years, while allowing the planned E/M payment increases to take place as scheduled. It would also avert steep payment cuts for hospital, nursing home, and critical care visits. At the end of the two-year reprieve, the full budget neutrality adjustment would take effect. CLICK HERE to read a table illustrating that all specialties will benefit from higher average payments.
Last week, the Medical Society of the State of New York (MSSNY) also joined with several other northeastern state medical societies in a joint letter to Congress urging action to prevent these cuts. CLICK HERE to read MSSNY’s statement. CLICK HERE to read the letter.
Physicians are urged to send a letter to their respective members of the House of Representatives and Senators Schumer and Gillibrand by CLICKING HERE.