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1. Medicare & Budget Sequestration: What You Need to Know
Link: https://www.medigap.com/news/medicare-budget-sequestration/
Description: WEBApr 14, 2023 · The simple answer is that Sequestration will not affect Medicare recipients. This is because the budget cuts come to what providers can charge Medicare for their services. What is exempt from Sequestration? While Medicare undergoes Sequestration, other social programs like Medicaid, Social Security, and veterans’ benefits are exempt …
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2. Fact Sheet: Medicare Sequester Relief Extension Needed for …
Link: https://www.aha.org/fact-sheets/2022-09-13-fact-sheet-medicare-sequester-relief-extension-needed-health-providers
Description: WEBSep 13, 2022 · AHA Take. Now is not the time for reductions in Medicare payments to providers. Congress should pass legislation to again suspend Medicare sequester cuts, so that hospitals and health systems can continue to care for patients, families and communities. Download the PDF.
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3. 2% Payment Adjustment (Sequestration) Begins July 1, 2022 - CGS Medicare
Link: https://www.cgsmedicare.com/jc/pubs/news/2022/01/cope24619a.html
Description: WEBJan 6, 2022 · 2% Payment Adjustment (Sequestration) Begins July 1, 2022. The Protecting Medicare and American Farmers from Sequester Cuts Act impacts payments for all Medicare Fee-for-Service (FFS) claims: No payment adjustment through March 31, 2022; 1% payment adjustment April 1 – June 30, 2022; 2% payment adjustment beginning July …
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4. FAQs on Health Spending, the Federal Budget, and Budget ... - KFF
Link: https://www.kff.org/medicare/issue-brief/faqs-on-health-spending-the-federal-budget-and-budget-enforcement-tools/
Description: WEBMar 20, 2023 · Notably, most Medicare spending is not exempt from sequestration, but for Medicare (as well as certain other programs), special rules apply that limit the percentage reduction in spending.
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5. Medicare Sequestration Payment Reductions | AHA
Link: https://www.aha.org/topics/medicare-sequestration-payment-reductions
Description: WEBJul 26, 2023 · The Budget Control Act of 2011 requires, among other things, mandatory across-the-board reductions in certain types of federal spending, also known as sequestration. Medicare claims with dates-of-service or dates-of-discharge on or after April 1, 2013, incur a 2% reduction in Medicare payment.
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6. House Passes Bill That Extends Moratorium on 2% Medicare …
Link: https://www.aha.org/special-bulletin/2021-04-14-house-passes-bill-extends-moratorium-2-medicare-sequester-cuts-through
Description: WEBApr 14, 2021 · The House of Representatives tonight voted 384-38 to pass a bill that, among other health care provisions, would eliminate the 2% across-the-board cut to all Medicare payments, known as sequestration, until the end of 2021. To pay for the change, the bill would increase the fiscal year 2030 sequester cuts.
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7. Medicare and Budget Sequestration - CRS Reports
Link: https://crsreports.congress.gov/product/pdf/R/R45106/12
Description: WEBMay 11, 2021 · the application of the Budget Control Act of 2011 (BCA; P.L. 112-25) sequestration to Medicare from May 1, 2020, through December 31, 2020. §102 of Division N, Title I of the Consolidated Appropriations Act, 2021 (P.L. 116-260) amended the CARES Act to extend this suspension through March 31, 2021, and §1 of an Act to Prevent …
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8. FAQ: Sequestration - Novitas Solutions
Link: https://www.novitas-solutions.com/webcenter/portal/MedicareJL/pagebyid?contentId=00106360
Description: WEBJul 1, 2022 · Sequestration. Medicare FFS claims: 2% payment adjustment (sequestration) changes. The Protecting Medicare and American Farmers from Sequester Cuts Act impacts payments for all Medicare fee-for-service claims: 2% payment adjustment beginning July 1, 2022, and continues until further notice.
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9. Sequestration - JD DME - Noridian - Noridian Medicare
Link: https://med.noridianmedicare.com/web/jddme/fees-news/fee-schedules/dmepos/sequestration
Description: WEBJan 24, 2022 · Sequestration - JD DME - Noridian. Update on Sequestration. The Protecting Medicare and American Farmers from Sequester Cuts Act was signed into law on December 10, 2021. No payment adjustment through March 31, 2022. 1% payment adjustment April 1 - June 30, 2022. 2% payment adjustment beginning July 1, 2022.
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10. Physician Claims Under the Sequestration Rules for Medicare
Link: https://www.acponline.org/practice-resources/business-resources/payment/medicare-payment-and-regulations-resources/physician-claims-under-the-sequestration-rules-for-medicare
Description: WEBMar 19, 2013 · Spending for certain Medicare programs and activities is exempt from sequestration and are therefore not reduced under a sequestration order. These include (1) Part D low-income subsidies; (2) the Part D catastrophic subsidy; and (3) Qualified Individual (QI) premiums.
