Medicare sequestration, the federal government’s 2% across-the-board payment cut, will be suspended until March 31, because of the COVID-19 pandemic, officials said.
The suspension, part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, had been set to expire Dec. 31, 2020. However, it was extended as part of an omnibus spending package that was signed into law Dec. 27.
The sequestration, which was signed into law in August 2011, applies a 2% cut to all claims after coinsurance, deductible, and Medicare secondary payment adjustments.
Last Updated On
January 04, 2021