Medicare Physician Payment Fairness Act of 2001

Senate Bill 1707 - Medicare Physician Payment Fairness Act of 2001: Overview, Status, and Impact

Hozzl · 2023-01-16T09:18:15Z

Explore the details of Senate Bill 1707 Medicare Physician Payment Fairness Act of 2001 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

1/16/2023, 9:18 AM

Congressional 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, 2001

Bipartisan Support of Bill S 1707

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1707

Primary Policy Focus

Health

Potential Impact Areas

- Administrative procedure

- Congress

- Congressional reporting requirements

- Government Operations and Politics

- Governmental investigations

- Law

- Legislation

- Medical fees

- Medicare

- Physicians

- Social Welfare

Alternate Title(s) of Bill S 1707

Medicare Physician Payment Fairness Act of 2001

A 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 2001