U.S. Senate Set to Ax Rate Cuts for Medicare Doctors
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When it returns from spring recess this week, the U.S. Senate is expected to consider a measure permanently ending Medicare’s sustainable growth rate formula. The $200 billion measure includes a two-year extension of the Children’s Health Insurance Program and was approved in the House with bipartisan support. Critics say the bill’s cost is not fully offset by spending cuts, while senior citizens worry that Medicare beneficiaries will have to cover the cost. (Modern Healthcare)