Sponsors (199)
The bill preserves near-term physician payments and patient access by temporarily boosting Medicare physician reimbursements through 2025, at the cost of higher federal spending and potential cliffs or delayed payment reform when the short-term boost expires.
Medicare beneficiaries keep access to physician services because providers receive a temporary 6.62% payment boost from April 1–Dec 31, 2025, reducing the risk of provider cutbacks.
Physicians and other Medicare clinicians receive higher reimbursements in 2025, improving practice financial stability and making it more likely clinicians will remain in practice.
Providers gain short-term payment predictability through the extended prior-year adjustment, helping hospitals and practices plan budgets and staffing for the remainder of 2025.
Taxpayers and the Medicare program will bear higher federal outlays for physician services during the 2025 adjustment period, increasing near-term government spending and pressure on trust funds.
The increase is temporary and may create a funding cliff on Jan 1, 2026 and could delay broader payment reform, creating uncertainty for clinicians and hospitals when the boost ends.
Based on analysis of 2 sections of legislative text.
Temporarily raises certain Medicare Physician Fee Schedule payments by 6.62% for services furnished April 1, 2025 through December 31, 2025 and extends prior adjustment coverage through 2025.
Provides a temporary 6.62% increase to certain Medicare Physician Fee Schedule payments for services furnished on or after April 1, 2025 and before January 1, 2026, and extends an existing payment-adjustment eligibility period to include the year 2025. The change amends current Medicare payment adjustment language to cover 2021 through 2025 and adds a new short-term payment boost for late 2025 services.
Introduced January 31, 2025 by Gregory Francis Murphy · Last progress January 31, 2025