FOR IMMEDIATE RELEASE:
March 16, 2021
Media Contact:
Emily Dowsett
Associate Director, Public Affairs
edowsett@mgma.com
MGMA statement on Medicare sequester cuts
Anders Gilberg
Senior Vice President, Government Affairs
Medical Group Management Association
"MGMA supports recent bipartisan, bicameral efforts to extend the 2% Medicare sequester moratorium for the duration of the COVID-19 public health emergency. We applaud Senators Shaheen and Collins for introducing the Medicare Sequester Relief Act and Representatives Schneider and McKinley for introducing the Medicare Sequester COVID Moratorium Act. MGMA also supports and urges Congress to pass H.R. 1868, which would prevent the projected 4% Medicare spending cut stemming from the American Rescue Plan in addition to extending the 2% Medicare sequester moratorium. Without congressional action, the country’s medical groups will face a combined 6% sequester cut---a payment cut that is unsustainable given the financial hardships due to COVID-19 and keeping up with the cost of inflation."