Next Event: Baton Rouge, LA 2025
Date: May 14,2025
Does Sequestration Reduction Apply to Medicare Advantage Plans
Due to COVID-19, the 2% sequestration reduction for traditional Medicare was placed on pause until April 1, 2022. Beginning with dates of service between April 1 – June 30, 2022, the sequestration reduction returned at 1% and then increases to 2% for dates of service on and after July 1, 2022. What therapy providers want to know is does the sequestration reduction also automatically apply to Medicare Advantage plans? The answer is
House Passes Bill to Extend Sequestration Pause
On April 13, 2021, the United States House of Representatives passed H.R. 1868 which extends the pause on the 2% sequestration reduction through the end of calendar year 2021. This legislation was passed by the United States on March 25, 2021. President Biden signed this legislation into law on April 14, 2021.
CMS to Hold Claims Beginning April 1, 2021
Breaking news from the Centers for Medicare and Medicaid Services. Per CMS: Thank you for being a Gold Member!