tci Part B Insider - 2010 Issue 9

MEDICARE PAY: Congress Halts 21.2 Percent Pay Cut -- Until March 31

1-month extension of pay freeze was official March 2. Although Feb. 28 came and went without word on whether Congress would step in to halt the 21.2 percent pay cuts that were due to take effect on March 1, lawmakers intervened after the fact, with a retroactive bill to freeze the conversion factor at $36.0846 until March 31. On March 2, 2010, President Obama signed the "Temporary Extension Act of 2010" into law, giving you another month before you have to face the pay cuts. While the medical community waited for Congress to take this step, CMS...

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