Category: Capitol Hill
The U.S. Senate delays a vote on the so-called 'doc fix' bill to change the way Medicare pays doctors, which passed the House earlier this week.
(Reuters) — The U.S. Senate will wait more than 2 weeks before acting on a bill to permanently fix the flawed formula for reimbursing Medicare physicians, after an April 1 deadline to start a 21% cut in payment rates.
The U.S. House of Representatives approves a bipartisan 'doc fix' measure that would repair the way Medicare reimburses doctors.
(Reuters) — The U.S. House of Representatives today overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate.
Sen. Ed Markey (D-Mass.) introduces a new bill to repeal the medical device tax that would cover the estimated $29 billion lost tax revenue by eliminating tax loopholes for oil and gas companies.
The junior senator from Massachusetts, Sen. Ed Markey (D.-Mass), wants to eliminate the medical device tax and replace the lost revenue by eliminating tax loopholes for the energy industry.
Rep. John Boehner says the prospects are good for a permanent 'doc fix' to prevent a 21% cut in the Medicare rates paid to doctors.
(Reuters) — U.S. House of Representatives Speaker John Boehner (R-Ohio) said today that prospects are good for passage of a permanent fix to Medicare's flawed doctor-pay formula that would spare physicians from impending steep pay cuts.
The draft budget proposal from Republicans in the U.S. Senate includes language that would repeal the medical device tax.
Republicans in the U.S. Senate, hoping to pass the 1st budget since 2013, released a budget proposal yesterday that includes language to repeal the 2.3% medical device tax enacted as part of President Barack Obama's Affordable Care Act.
Republicans, mostly, as the GOP got the lion's share of the more than $4.5 million in donations the medical device industry gave legislators last year, according to OpenSecrets.org.
The medical device industry doled out more than $4.5 million to legislators on Capitol Hill last year, with most of the donations going to Republicans and incumbents, according to the Center for Responsive Politics' OpenSecrets.org website.
The lobbying spend in Washington hit a 16-year high of nearly $33 million in 2014, as the industry continued its fight to repeal Obamacare's medical device tax.
The medical device industry's lobbying spend hit its highest point since 1998 last year, nearing $33 million, as the industry stepped up its campaign to repeal the medical device tax enacted as part of Obamacare.