Amendment104th Congress
Amendment in the nature of a substitute sought to reduce medicare by $90 billion over seven years, reduce Part A spending by an amount sufficient to extend the solvency of the Part A hospital trust fund to 2006, and reduce cost sharing by medicare beneficiaries by freezing the Part B premium for one year and providing that the monthly premium in succeeding years would be below the level under current law.
- Amendment Number
- 880
- Description
- Amendment in the nature of a substitute sought to reduce medicare by $90 billion over seven years, reduce Part A spending by an amount sufficient to extend the solvency of the Part A hospital trust fund to 2006, and reduce cost sharing by medicare beneficiaries by freezing the Part B premium for one year and providing that the monthly premium in succeeding years would be below the level under current law.
- Purpose
- An amendment in the nature of a substitute to reduce Medicare expenditures by $90 billion over seven years. The amendment would achieve savings by reducing hospital payment inflation rate adjustments by 1%; reducing rural hospital payment inflation rate adjustments by 1/2%; cutting hospital capital payments by 10%; imposing a two-year freeze on fee schedule updates for clinical labs, durable medical equipment and ambulatory surgery; eliminating overpayment for hospital outpatient services; and ending indirect medical education and add-on payments for outlier cases.
- Congress
- 104
- Type
- HAMDT
- Latest Action Date
- Oct 19, 1995
- Latest Action Text
- On agreeing to the Gibbons amendment (A002) Failed by recorded vote: 149 - 283 (Roll no. 729).
- Latest Action Time
- 17:23:33
- Submitted Date
- Oct 19, 1995
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021