US House Passes Measure to Continue Government Funding Through December

September 25, 2020 by Christen Aldrich

Filed under For Employers, For the Workforce

Last modified September 28, 2020

According to this post from the Medical Society of the State of New York, the US House of Representatives passed legislation (H.R. 8337) by a bipartisan vote of 359-57 to fund federal government operations until December 11, 2020, and is intended to avert a potential government shutdown prior to the November elections.  It is expected to pass the US Senate later this week.  Among the notable health care provisions contained within the measure:

  • Extends the Medicare GPCI cost index floor, important for helping to prevent Medicare cuts to the upstate New York payment locality;
  • Holds the 2021 Medicare Part B monthly premium at the 2020 amount for the standard premium, plus an additional percentage, and establishes a “small surcharge” of approximately $3 for most seniors, on the monthly premium, until the Part B trust fund is repaid.
  • For physicians and other health providers receiving Medicare accelerated or advance payments between the date of enactment of the CARES Act, and through the end of the COVID-19 public health emergency, the continuing resolution extends the period “before repayment begins and the period before the balance must be repaid in full, reduces the recoupment percentage, and lowers the interest rate for payments” to 4%.
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