News

Bill Delays 2% Reimbursement Cuts for Medicare Providers

3/29/2021

On March 25th the Senate passed legislation extending the Medicare Part B sequestration moratorium through the remainder of 2021. This timely policy victory, if approved by the House in early April, will prevent the 2% reimbursement cuts that would have otherwise gone back into effect April 1, 2021, helping providers remain viable throughout the pandemic. We expect the House to pass the bill the week of April 12 and for President Biden to sign into law shortly thereafter.

Last year, Congress acted twice to shield providers from the reimbursement cuts; the Coronavirus Aid, Relief, and Economic Security (CARES) Act paused sequestration from May 2020 through December 2020 and The Consolidated Appropriations Act of 2021 extended the moratorium through March 2021. However, budget rules prevented a fix from being included in the recently passed American Rescue Plan of 2021.

Over the last few months, the AB Government Affairs & Policy team participated in dozens of discussions with members of Congress and their staff while also collaborating with the Community Oncology Alliance, the American Hospital Association, the American Medical Association, the American Society of Clinical Oncology and others urging Congress to extend the moratorium. And, in a truly impressive example of effective grassroots advocacy, nearly 500 specialty practices sent 1300 letters to Congress via this Community Counts advocacy platform, detailing the impact of the pandemic on their practices and how the sequestration moratorium has been critical in ensuring their ability to continue providing patient-centric care during this time.

To all those who participated in this outreach – Thank you! You’re involvement and advocacy played a major role in this important legislative achievement.



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