MEDICARE FFS CLAIMS: 2% PAYMENT ADJUSTMENT (SEQUESTRATION) SUSPENDED THROUGH MARCH
Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through March
CGS ADMINISTRATORS, LLC
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.
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