Legislation Passed Today to Prevent Caps & Cuts
The House of Representatives passed legislation to extend the payroll tax break, fee schedule update, rural payment update, therapy cap exception extension and other end year provisions this morning. The Senate also passed the measure this morning and was signed by the President this afternoon. This will prevent the 27.4% fee schedule reduction on January 1, 2012, maintain the 1.0 GPCI floor on rural payments, and provides for a continuation of the exceptions process to the $1880 therapy cap until February 29, 2012.
When Congress returns next year, attention will turn to the conference committee assigned to hammer out a deal between the two chambers to prevent these cuts and caps effective March 1, 2012. But the differences remain large over how to pay for the deal. The profession must continue to remain vigilant to prevent this from happening next year.
Thank you for your continued support on these issues for the profession and the patients we serve.
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