Medicare Payment Bill Becomes Law

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*Medicare Payment Bill Becomes Law*

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Yesterday the Senate passed an amended H.R. 4851, the Continuing Extension

Act by a vote of 59-48 and sent it over to the House for consideration. The

House then passed the measure by 289-112 and was quickly signed by President

Obama. This legislation prevents the 21.2% physician fee schedule payment

cut by extending 2009 rates until May 31st and is retroactive to March 31st.

The bill addresses other key expiring provisions as well, such as

unemployment insurance and COBRA benefits