Medicare Reimbursement Rates Addressed by Congress

The House and Senate are moving forward on two tracks to address the problematic formula for reimbursing doctors and other Medicare health care providers.  Both chambers are planning to pass a short term measure that would prevent steep cuts to Medicare providers that would happen after January 1, 2014 as part of the budget agreement.  The House Ways and Means and Senate Finance Committees both passed separate legislation to permanently repeal the formula and replace it with a new approach.  The Senate Finance Committee will also include a provision to repeal the cap on therapy visits in the Medicare program. The House bill did not address the therapy issues or any of the other provisions that are normally extended as a part of the package.  The House and Senate have not addressed how the permanent fix will be paid for.