Deal Reached on Medicare Pay Cuts, Children’s Health Insurance

Work in progress but not finished.. only a 6 month potential delay this year before cutting physician Medicare reimbursements?    BD

Senate Finance Committee leaders have reached a deal to delay for six months a 10 percent cut to Medicare physician pay rates and extend funding for children’s health insurance, a Republican committee aide said Monday.  Another aide close to the talks would not elaborate on the package’s details, but described the legislation as “not finished but nearing completion.”

The legislation, being written now, would stop the Medicare cuts set to take effect Jan. 1, the aide said. Chairman Max Baucus , D-Mont., and ranking Republican Charles E. Grassley , R-Iowa, agree on the package with a few outstanding details to be resolved, according to the aide.

CQ Politics | Deal Reached on Medicare Pay Cuts, Children’s Health Insurance