CMS: Medicare FFS Claims - 2% Payment Adjustment (Sequestration) Suspended Through March
The Consolidated Appropriations Act, 2021, signed into law on December 27, extends the suspension period for the payment adjustment percentage of 2% applied to all Medicare Fee-For-Service (FFS) claims to March 31, 2021. To find out more, read along!
The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the payment adjustment percentage of 2% applied to all Medicare Fee-For-Service (FFS) claims from May 1 through December 31. The Consolidated Appropriations Act, 2021, signed into law on December 27, extends the suspension period to March 31, 2021.