Medicare Physician Payment Fairness Act of 2001
1/16/2023, 9:18 AMCongressional Summary of S 1707
Medicare Physician Payment Fairness Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to set the conversion factor (update) for payments under the Medicare physician fee schedule for 2002 at 0.9 percent less than the conversion factor for 2001. Declares that this conversion factor and a specified update adjustment factor for a year after 2002 shall be applied as if this Act had not been in effect.Directs the Medicare Payment Advisory Commission (MEDPAC) to study and report to Congress on replacing the use of the sustainable growth rate as a factor in determining the update for such payments with a factor that more fully accounts for changes in the unit costs of providing physicians' services.
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Current Status of Bill S 1707
Bill S 1707 is currently in the status of Bill Introduced since November 15, 2001. Bill S 1707 was introduced during Congress 107 and was introduced to the Senate on November 15, 2001. Bill S 1707's most recent activity was Read twice and referred to the Committee on Finance. as of November 15, 2001Bipartisan Support of Bill S 1707
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
0Unaffiliated Sponsors
1Total Number of Cosponsors
80Democrat Cosponsors
42Republican Cosponsors
38Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1707
Primary Policy Focus
HealthPotential Impact Areas
Administrative procedureCongressCongressional reporting requirementsGovernment Operations and PoliticsGovernmental investigationsLawLegislationMedical feesMedicarePhysiciansSocial WelfareAlternate Title(s) of Bill S 1707
Medicare Physician Payment Fairness Act of 2001A bill to amend title XVIII of the Social Security Act to specify the update for payments under the medicare physician fee schedule for 2002 and to direct the Medicare Payment Advisory Commission to conduct a study on replacing the use of the sustainable growth rate as a factor in determining such update in subsequent years.Medicare Physician Payment Fairness Act of 2001Comments
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Sponsors and Cosponsors of S 1707
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