Congress To Waive 4% Medicare Cuts Caused By Tax Bill, Then Extend Existing 2% Medicare Sequester To Pay For CHIP

Both the Senate and House are expected to override the 4 percent cut to Medicare provider-pay rates that would be triggered by Republican tax legislation, according to lawmakers, but separately Congress is expected to extend the existing 2 percent Medicare sequester to pay for funding of the Children’s Health Insurance Program and other health care extenders, lobbyists following the CHIP bill said. The sequester extension would pay for far more than just CHIP and the extenders, they note. Senate Republicans...