On December 8, 2010, the US House of Representatives passed the Medicare and Medicaid Extenders Act of 2010 by a vote of 409-2.
This legislation will PREVENT the scheduled 25.5% Medicare payment cut to physical therapists and other health care providers paid under the physician fee schedule.
The provision in the bill will reverse the scheduled January 1, 2011 reduction and extend the current Medicare payment rates through December 31, 2011.
The US Senate passed this legislation last night and President Obama has said he will promptly sign the bill into law.
This means for Medicare patients the therapy cap of $1860.00 will start over beginning January 1, 2011 and will end December 31, 2011. Physical,Occupational, and Speech therapy is included in the therapy cap.
Thursday, December 16, 2010
Subscribe to:
Posts (Atom)
