Medicare Sequestration Cuts Set to Begin April 1, 2013

Medicare Sequestration Cuts Set to Begin April 1, 2013

Because the President and Congress were not able to reach an agreement to avoid the sequester, across-the-board budget cuts will go into effect March 1, 2013. The sequester includes a 2% reduction in the Medicare Physician Fee Schedule. Physicians will catch a slight break because, by law, mandatory cuts to Part A and B of Medicare cannot be implemented less than 30 days from the date the order is issued. Thus – unless further action is taken – provider payments will see the 2% cut on April 1, 2013.

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