Summary of Health Provisions in the Protecting Access to Medicare Act of 2014

This House Republican Medicare bill includes a 12-month extension for Medicare physician payments and related extenders. The bill averts a nearly 24 percent cut to Medicare physician payments that would occur on April 1, 2014 and extends the 0.5 percent update for providers throughout the remainder of 2014. The legislation includes a number of new policies, some of which are used to offset the estimated $20 plus billion cost of the bill, including revaluing Medicare physician payments, establishing a new nursing home value-based payment program, establishing new market-based clinical laboratory payment rates, and changes to Medicare . . .