Legislation to change Medicare’s billing procedures and give two more years’ funding to the Children’s Health Insurance Program passed the House of Representatives by a convincing margin on Thursday. After getting a thumbs up from President Barack Obama, it awaits the Senate’s stamp of approval. However, that has to take place by Friday before Congress again recesses.
The current system by which Medicare pays doctors would end and be replaced by “one that would increase payments to doctors by one-half of 1% every year through 2019,” according to USA Today. At that time, performance scores will determine whether doctors get bonuses or are penalized.
The $214 billion bill is the work of House Speaker John Boehner and Minority Leader Nancy Pelosi, making it a rare bipartisan measure that – to say the least – has not defined this Congress.