Medicare Sequestration Reduction Adjustment Effective Today
As we have previously informed, due to congressional action taken in December 2021, effective today, April 1, 2022, all Medicare fee-for-service claims are subject to a 1% sequestration payment reduction.
Absent congressional action, an additional 1% cut will take place beginning July 1, 2022. Other cuts temporarily postponed in December’s legislation – including a 4% PAYGO cut associated with the cost of the American Rescue Plan – will take place in 2023 unless Congress acts to stop them.
The Massachusetts Chiropractic Society continues to work closely with our national partners on this issue and will keep you as up to date as possible as more information becomes available.