APR 02, 2013
Medicare Reimbursement Cut Implemented April 1 as Result of Sequestration
By Kevin Walter
As of April 1, Medicare physician claims submitted for reimbursement are being reduced by 2 percent as part of across-the-board cuts in federal agency spending caused by the sequestration process. Costs for drugs administered by the physician that are included in those claims are also subject to the 2 percent cut.