Stefanik Cosponsors Legislation Holding Medical Providers Harmless from Medicare Cuts
Washington, D.C. – Congresswoman Elise Stefanik is now a cosponsor of the Holding Providers Harmless from Medicare Cuts Act. Pending changes in the Medicare Physician Fee Schedule include improvements for maternity care and much-needed payment increases for physicians delivering primary and complex office-based care. In order to comply with the budget neutrality statute however, Medicare offsets these increases by cutting reimbursements for other providers. This bipartisan legislation maintains the scheduled Medicare payment increases, while holding health care providers harmless from Medicare payment cuts in 2021 and 2022.
“Our North Country provider practices provide essential, localized care to our communities and are facing an increase in their costs as a result of the COVID-19 pandemic,” said Congresswoman Stefanik. “This bipartisan legislation delays the Medicare offsets in order to ensure that provider practices do not face cuts to their Medicare reimbursements amidst the COVID-19 pandemic. This, in turn, will ensure that patients are not facing increased costs for the essential services that they require from their medical providers. I am proud to support this important legislation and will continue to advocate for our provider practices and Medicare patients.”