The House of Representatives passed HR 3961 yesterday (11.19.09). This bill eliminates the 21% cuts to Medicare Payments that would have started in January and provides a long term fix for the Sustainable Growth Rate formula. The bill passed by a vote of 243 to 183. Colorado's Democratic Representatives voted in favor of this legislation, while the two Republican Representatives (Lamborn & Coffman) voted no.
Even though this legislation has passed in the House, its outlook in the Senate remains in doubt. Though the Senate's most recent health reform bill holds off the 21% cut from this year, it offers no long-term solution to this problem; but rather simply prevents cuts from taking place this January.
Stay tuned......
