Bill > S1640

This bill amends the Social Security Act to extend and adjust Medicare payment support for physicians and other healthcare practitioners. Specifically, the bill extends a payment adjustment mechanism through 2025, which provides a positive payment adjustment (increase) for certain Medicare services. The bill increases the payment adjustment for services furnished between June 1, 2025, and January 1, 2026, by 8.51 percent. The legislation modifies existing law to update the years during which this payment adjustment applies, effectively providing continued financial stability for medical providers as they adapt to Medicare payment changes. By extending these payment adjustments, the bill aims to help physicians and practitioners maintain their practices and continue providing Medicare services without significant financial disruption. The changes are technical in nature and primarily focus on updating payment calculation parameters within the Medicare reimbursement system.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1640/all-info