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AMA Update on Medicare Payment Rates

The American Taxpayer Relief Act of 2012 was signed into law Jan. 2, 2013. The new law averts the 26.5% SGR cut for all of 2013 and the 2% sequester for the next two months. It also extends the work GPCI floor for a year. Today CMS released the attached announcement regarding updated 2013 Medicare payment amounts, claims processing, and reopening of the participation enrollment period.

Congress Stops Medicare Cuts for One Year as Part of Fiscal Cliff Legislation

Congress on January 1 passed HR 8, the American Taxpayer Relief Act, narrowly averting the so-called "fiscal cliff." The bill includes a one-year Medicare fee-for-service physician payment freeze, meaning the 26.5 percent sustainable growth rate (SGR) cut has been averted, for now. The 2 percent sequestration cuts have also been deferred for two months.

Action Alert: Protect Health Care and Contact Your Legislator Today!

Before January 12, 2013, Congress must stop the Medicare payment cut of 26.5%, the Medicare Sequestration Budget Cut of 2%, and the proposed Medicaid cuts. SFMS/CMA is also asking Congress to include an update of the California Medicare geographic payment regions in the package.

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