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Bill > S4935


US S4935

US S4935
Physician Fee Stabilization Act


summary

Introduced
08/01/2024
In Committee
08/01/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to amend title XVIII of the Social Security Act to update the budget neutrality threshold under the Medicare physician fee schedule.

AI Summary

This bill, the Physician Fee Stabilization Act, aims to update the budget neutrality threshold under the Medicare physician fee schedule. Specifically, it increases the threshold amount from $20 million to $53 million in 2026, and then allows for annual adjustments to account for the cumulative increase in the Medicare Economic Index (MEI), which tracks changes in the costs of providing physicians' services. This change is intended to provide more flexibility and stability in the Medicare physician payment system.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Read twice and referred to the Committee on Finance. (on 08/01/2024)

Bill Topics

Health
  • ‐ Health Insurance Reform

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.congress.gov/bill/118th-congress/senate-bill/4935/all-info 08/02/2024
BillText https://www.congress.gov/118/bills/s4935/BILLS-118s4935is.pdf 09/06/2024
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