The House and Senate both acted this week to approve another one-year extension of the Medicare sustainable growth rate (SGR) calculation, to avoid a scheduled 25 percent cut in payments to Medicare-participating providers. The Senate passed the deal by unanimous consent and the House acted nearly unanimously, voting 409-2 in support of the measure. President Obama has already signaled his support for the bill, though he encouraged lawmakers to come up with a long-term fix.
The new “doc fix” bill uses $19.2 billion in PPACA funding to pay for the provider payments. The funding is drawn from PPACA subsidy funds, by increasing the amounts individuals who receive subsidies for which they are not actually eligible must repay. Under current law, when PPACA subsidies begin in 2014, if a person gets more of a subsidy than they’re eligible for, they’d have to repay no more than $250. Families would have to repay no more than $450. The new requirements raise those caps to between $600 and $3,500, depending on income. NAHU Dec 2010
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Medicare reforms and health protection measurement should be updated and corrected in short time in coordination with all , and so there is a need also for the affordable term life insurance to help the common people.
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