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Physician Fee Schedule Update and Improvements Act

Record date · December 17, 2024

Introduced
Committee
Floor Vote
Passed
Law

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Would Do

This bill amends the Social Security Act to make improvements to the Medicare physician fee schedule. Specifically, it extends the to January 1, 2025, increases support for physicians and practitioners adjusting to Medicare payment changes to 3%, extends incentive payments for participation in through 2026, and updates the threshold.

Why it matters

This bill could significantly impact how doctors are paid under Medicare, potentially affecting the cost of healthcare services for seniors and individuals with disabilities.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Supports

Physicians

Increased payment rates under the bill could improve their income and ability to provide care.

Supports

Medicare Beneficiaries

Potentially lower healthcare costs due to increased efficiency and value-based payment models.

Indirectly affected

The U.S. Government

The bill aims to balance the needs of physicians and beneficiaries while controlling the costs of the Medicare program.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does 'floor for work geographic index' mean?
This refers to the geographic area where a physician is expected to practice, which impacts the payment rates they receive from Medicare.
Why is the percentage increase for physician payments changing?
The bill increases the percentage increase from 1.25% to 3% to better reflect the rising costs of providing healthcare services.
What are 'alternative payment models'?
These are different ways for healthcare providers to be paid for their services, often based on value and outcomes rather than the volume of services provided.
How does the budget neutrality threshold affect Medicare?
This threshold ensures that changes to the physician fee schedule don't increase the overall cost of the Medicare program.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently filed. The next step in the legislative lifecycle is Committee.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

Cardenas, Kelly of Illinois, Ruiz and 11 more
PersonCardenas“Co-sponsor of the bill in the House of Representatives.”Map →
PersonKelly of Illinois“Co-sponsor of the bill in the House of Representatives.”Map →
PersonRuiz“Co-sponsor of the bill in the House of Representatives.”Map →
PersonMiller-Meeks“Lead sponsor of the bill in the House of Representatives.”Map →
otherSocial Security Act“The primary legislation being amended.”Map →
OrganizationHouse Ways and Means Committee“Committee responsible for considering the bill.”Map →
OrganizationHouse Energy and Commerce Committee“Committee responsible for considering the bill.”Map →
PersonBera“Co-sponsor of the bill in the House of Representatives.”Map →
PersonSchrier“Co-sponsor of the bill in the House of Representatives.”Map →
PersonBucshon“Co-sponsor of the bill in the House of Representatives.”Map →
OrganizationMedicare“The program under which the physician fee schedule operates.”Map →
PersonMurphy“Co-sponsor of the bill in the House of Representatives.”Map →
PersonBurgess“Co-sponsor of the bill in the House of Representatives.”Map →
PersonWenstrup“Co-sponsor of the bill in the House of Representatives.”Map →

Sources

Open source document

www.congress.gov

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