Medicare Part B Therapy
President Obama Thursday night signed a bill that postpones a scheduled 21.2% cut in Medicare physician pay and extends the COBRA unemployment insurance benefit until June 1. He made it law just hours after the legislation cleared both houses of Congress.
Fresh from a two-week vacation, the Senate plans to vote this week to temporarily halt a 21.2% cut in Medicare physician pay, which also affects Medicare Part B therapy rates for nursing homes.
A bill that would delay a 21.2% cut in physician pay under Medicare is holding up the calculation of Medicare Part B therapy rates for skilled nursing facilities. The bill is awaiting action from the Senate, which returns from Easter recess on Monday.