The Senate won’t vote on a bill that prevents a pending cut to Medicare physician rates until the day of the deadline.
Senate Majority Leader Harry ReidHarry ReidSay NO to PROMESA, say NO to Washington overreach Overnight Finance: Wall Street awaits Brexit result | Clinton touts biz support | New threat to Puerto Rico bill? | Dodd, Frank hit back McConnell quashes Senate effort on guns MORE (D-Nev.) set up a vote on the “doc fix” for Monday. For the fix to be approved, it will have to get 60 votes.
Reid said he would have preferred to pass a full repeal of the Medicare sustainability growth rate (SGR) pay-for rather than a 13-month extension that isn’t paid for.
“The patch that we have is imperfect, but it is something that will take care of things,” Reid said. “I am disappointed we didn’t get a permanent fix, but we should be very happy about what we have done.”
Reid said efforts would continue on a “permanent repeal of SGR” and that he supported the plan put forward by Senate Finance Committee Chairman Ron Wyden (D-Ore.) that is paid for using Overseas Contingency Operations (OCO) funds.