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Medicare Fee Adjustments Waived, Public Health Funds Rescinded

This bill proposes a one-year waiver of Medicare physician fee schedule adjustments, potentially stabilizing payments for healthcare providers. Concurrently, it rescinds $10 billion from the Public Health and Social Services Emergency Fund, which could impact future public health crisis responses.
Key points
Doctors receiving Medicare payments will not see their rates reduced in 2022 due to budget adjustments.
10 billion dollars from unspent public health emergency funds will be taken back by the government.
These changes may affect the availability and quality of Medicare services and the government's ability to respond to future health crises.
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Additional Information
To amend title XVIII of the Social Security Act to provide for a one-year waiver of budget neutrality adjustments under the Medicare physician fee schedule, and for other purposes.
Print number: HR 5612
Sponsor: Rep. Burgess, Michael C. [R-TX-26]
Process start date: 2021-10-19