House Passes Budget with Three Month “Doc Fix” Patch

House Passes Budget with Three Month “Doc Fix” Patch

 

On Thursday, December 12 before heading home for winter recess, the U.S. House of Representatives passed a bipartisan two-year budget deal that includes a three-month patch that will stop the 24 percent Medicare provider payment cut scheduled to take effect January 1, 2014—and replace it with a 0.5 percent payment raise—giving lawmakers more time to finalize the long-term Medicare payment reforms legislation currently making their way through Congress.

The House budget now goes to the U.S. Senate, which is expected to approve the measure next week.  President Obama has said he will sign the bipartisan legislation.