Senate Delays Medicare Cuts To Doctor Rates By 1 Year

Law360, New York (December 8, 2010, 8:37 PM EST) -- The U.S. Senate reportedly passed a measure Wednesday that would prevent a 25 percent cut in Medicare physician payment rates for one year.

The measure, which stops the reduction in rates scheduled to take effect in January, passed the chamber by a unanimous voice vote, according to The Hill, which reported that about $19 billion from subsidies set aside for state-run insurance exchanges created by the health care overhaul law will pay for the fix.

Sens. Harry Reid, D-N.V., Mitch McConnell, R-Ky., Max Baucus, D-Mont. and...
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