The 2 percent Medicare pay cut for physicians has been put on hold through the end of the year, according to a report from the American Medical Association.
President Joe Biden signed a bill into law April 15 that extended the moratorium on Medicare pay cuts through Dec. 31. The previous moratorium was set to expire April 1 and was temporarily delayed while Congress voted on the bill.
Later this year, legislators may also take steps to avoid a 4 percent Medicare pay cut scheduled for Jan. 1, 2022, which was enacted to offset the costs of the American Rescue Plan economic relief package, according to the AMA's report.