On February 12, the AUA joined the AMA and other national specialty and state medical societies in support of the Medicare Sequester COVID Moratorium Act (H.R. 315) introduced by Representatives Brad Schneider (D-IL-10) and David McKinley (R-WV-01). The bill would delay the Medicare sequester through the duration of the public health emergency, ensuring providers can stay focused on treating and eradicating COVID-19 instead of worrying about their bottom line.
Since 2011, Medicare payments have been subject to a 2 percent reduction, known as the Medicare sequester. However, Congress delayed the Medicare sequester through April 1, 2021, as part of the Consolidated Appropriations Act of 2021. Unfortunately, the pandemic has not waned, and providers now again face revenue cuts when hospital operating margins are down an estimated 18.7 percent, according to the American Hospital Association. The AUA continues to identify ways to support physicians and their practices to minimize the impact of Medicare pay cuts during the pandemic, and will keep you updated as this issue moves forward.
The support letter is attached.