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Medicare Physician Support: Payment Extension and Patient Protection

This act aims to ensure financial stability for physicians providing services under the Medicare program, leading to better healthcare access for seniors. It extends increased payments for physicians through 2023 and protects Medicare from budget cuts. This means Medicare patients can expect continued high-quality medical services without sudden changes.
Key points
Increased payments for Medicare physicians will be extended through the end of 2023, aiming to provide financial stability to medical facilities.
The Medicare program will be protected from automatic budget cuts until the end of 2023, preventing a reduction in service availability.
Funds returned from provider relief will be transferred to the Medicare Supplementary Medical Insurance Trust Fund, strengthening its stability.
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Additional Information
Print number: 117_S_5194
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2022-12-06