By AuntMinnie.com staff writers

December 8, 2010 -- The leadership of the U.S. Senate has reached a tentative agreement to postpone reductions in Medicare physician payments for one year, with changes in the tax subsidy program that some consumers will use after 2014 to buy health insurance on the new exchanges.

The agreement would delay a 23% decrease in Medicare physician payments. The entire Senate was scheduled to review the agreement and possibly vote on the proposal before the end of this week.

On November 30, President Barack Obama signed legislation that halted until December 31, 2010, the 23% cut in physician payments under the sustainable growth rate (SGR) formula that had been scheduled to take effect on December 1.

Obama signs SGR extension, December 1, 2010

House passes 1-month SGR extension, November 29, 2010

Senate passes 1-month SGR extension, November 19, 2010

Congress tries to wrangle another SGR fix, November 18, 2010

Obama signs SGR fix after House passes 6-month delay, June 25, 2010

Copyright © 2010 AuntMinnie.com

 

To read this and get access to all of the exclusive content on AuntMinnie.com create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a AuntMinnie.com password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking
account: