House passes budget deal, Medicare changes included
- On Wednesday, the House voted 266-to-167 to advance a bipartisan budget bill.
- The deal would mitigate a premium increase for about 30% of Medicare beneficiaries. In addition, the bill proposes an extension of a 2 percentage-point cut in Medicare payments to physicians until the end of a 10-year budget.
- The Senate is expected to approve the bill before Tuesday, Modern Healthcare reported.
The 2-percentage point cut would fund an estimated $25.8 billion of the budget deal, American Health Line's First Look reported.
Modern Healthcare reported the Senate is expected to approve the bill before Tuesday as that is the "deadline for increasing the so-called debt limit."
- Modern Healthcare House passes bipartisan budget plan with debt-limit increase
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