HFSA joined nearly 200 national and state organizations in supporting a bipartisan effort in Congress led by Representatives Ami Bera, MD (D-CA) and Larry Bucshon, MD (R-IN) to write House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy urging action before the end of the year to mitigate Medicare provider cuts. HFSA and other stakeholders urged Members of Congress to co-sign the letter which resulted in 247 bipartisan signatories – more than half of the U.S. House of Representatives.
If Congress fails to act before the end of the year, health care providers face a number of Medicare payment cuts, including expiration of a provision Congress passed at the end of last year to increase Medicare Physician Fee Schedule payments by 3.75%. This increase will expire at the end of 2021, at a time when a 2% Medicare sequester will be reinstated and a projected 4% cut is expected due to statutory across-the-board reductions resulting from enactment of the American Rescue Plan Act.
HFSA and other stakeholders will continue to work over the coming weeks to encourage congressional action to address these imminent Medicare payment cuts.