Budget deal extends Medicare's 2% cuts

Share this article:
Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) helped forge a bipartisan budget compromise.
Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) helped forge a bipartisan budget compromise.

Long-term care providers face an additional two years of reduced Medicare reimbursements under a federal budget compromise hammered out in December.

Under the deal, 2% Medicare reimbursement cuts implemented in 2013 will not end until 2023 — two years after originally scheduled. This is meant to offset increased spending as other programs get relief from the across-the-board cuts known as sequestration.

Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA), the leaders of their respective budget committees, stressed that passage would prevent continuing political crises. Their argument helped propel the bill through Congress and was cited by leaders of prominent long-term care associations.

LeadingAge CEO and President Larry Minnix expressed hope that Medicare and Medicaid payments now will remain stable during the two-year budget period. 


Share this article:

More in News

Bulk of Medicaid to be managed care in two years: Avalere

Bulk of Medicaid to be managed care in ...

More than three-quarters of Medicaid beneficiaries will be enrolled in a managed care plan as of 2016, according to an Avalere Health analysis released Thursday. The numbers reveal that managed ...

Nursing home asked for employee's personal information too often, jury rules

The human resources department of a Maine nursing home did not properly protect a former employee's personal identification information, a jury recently ruled.

Test could confirm sepsis within an hour

Nursing home residents might benefit from a new way of diagnosing and treating sepsis made possible by discoveries out of the University of British Columbia.