The Medicare payment reductions stem from a law on the budget cuts of the 190s, which has since been lifted by Congress. The payment fix will delay the cuts until the end of November, which is ideally just after the parliamentary elections.
According to Yahoo! News, payment patch was passed after the Senate failed to pass a proposed law much larger. The broader bill included unemployment benefits, Medicaid dollars to states and extension of tax breaks.
Once the leaders of the Republican and Democratic parties have decided to make the doc fix on the draft law broader and find ways to pay for the measure - the doc fix was passed easily. It will cost $ 6.4 billion for six months and was offset by the tightening of pension rules, changes in Medicare billing and antifraud provisions.
The House of Representatives will vote on the bill this week. However, the government will begin processing applications at the lower rate for applications received in June. Doctors who want to be paid at the normal rate must complete additional paperwork after the bill passed by the House.
Senator Mitch McConnell of Kentucky said: "We did not add to the deficit, and I think that is something both sides can feel good. "
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