Medicare physicians can breathe a sigh of relief once again as the Senate voted 289 to 112 delaying the Medicare cut once again until June 1. The measure now awaits President Obama’s signature.
CMS (centers for Medicare and Medicaid) will now begin processing the claims that were sent in for medical services rendered but held off (from April 1) enabling the older submissions to be paid at the original generic name for ventolin hfa rate.
As stated in an earlier blog, it is not just seniors that are effected by the delay in this bill. The Medicare cuts are part of a bill that also covers unemployed Americans under COBRA for compensation benefits and health insurance premium subsidies.
So for now, it is business as usual. How long that will be, is anyone’s guess.