During the COVID-19 pandemic response, the Centers for Medicare and Medicare Services (CMS) suspended the 2% reduction in Medicare payments. This suspension ended on March 31, 2022. Beginning date of service April 1, 2022, a 1% deduction resumed and will continue for dates of service through June 30, 2022.
Dates of service July 1, 2022 and forward will be subject to a 2% Medicare sequestration reduction, the same as prior to the COVID-19 pandemic. As before, Medicare Advantage Plans (Part C) and/or Veterans Administration (VA) claim payments are not subject to sequestration reductions.
