Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through March (12/20)

By CMS/MLN Matters - December 28, 2020

Special Edition – Monday, December 28, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the payment adjustment percentage of 2% applied to all Medicare Fee-For-Service (FFS) claims from May 1 through December 31.  The Consolidated Appropriations Act, 2021, signed into law on December 27, extends the suspension period to March 31, 2021.