A coalition of organizations representing physicians and allied health professionals, including the AMA, sent a letter to congressional leadership expressing support for H.R. 8702, the “Holding Providers Harmless from Medicare Cuts During COVID-19 Act of 2020.” The bill was introduced by Reps. Ami Bera, MD, a California Democrat, and Larry Bucshon, MD, a Republican from Indiana.
H.R. 8702 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.
“This critical legislation recognizes the importance of allowing significant scheduled pay increases to primary care and others who primarily provide E/M services to take effect while also avoiding the devastating corresponding cuts for physician and nonphysician providers that will occur because of Medicare’s budget-neutrality requirements,” says the letter from the AMA and more than 70 other signatories.
My latest for the AMA. The whole shebang.