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CONGRESS EXTENDS SUSPENSION OF MEDICARE SEQUESTRATION CUTS THROUGH DECEMBER 2021

The House has approved a Senate amendment that extends suspension of the 2% Medicare sequestration cuts through December 31, 2021. The vote in favor of the extension was 384 to 38, with 38 Republicans voting no.

Congress initially implemented the 2% sequestration reduction to Medicare payments to providers in 2013 as part of a Budget Control Act. The 2% sequestration cuts were suspended by the Coronavirus Aid, Relief, and Economic Security Act, commonly known as the CARES Act, through December 2020.  Congress subsequently extended the suspension through the end of March 2021.

President Biden has indicated he will sign the bill, meaning that providers will not have their Medicare reimbursements reduced by 2% through the end of 2021.