House passes bill to prevent Medicare physician payment cuts

The House on Thursday passed a bill to provide a one-year extension of Medicare physician payment rates which the Senate had cleared on Wednesday. The measure continues relief from planned payment cuts for physicians and other health providers.  It costs $14.9 billion and is paid for by adjusting the Affordable Care Act low income subsidy provisions. This marks the first significant change to the new health care law. The President is expected to sign the bill.

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