Wiki SEQUESTRATION

Create Wiki
The US Congress requires Medicare to do it by law - it's one of many measures the government has taken to attempt to cut expenses in order to reduce the Federal budget deficit.
 
Pkirsch1 said:
Why is Medicare charging us a Sequestration fee?
Click to expand...

Sequestration has been in place since April 1, 2013 as a result of the Budget Control Act of 2011.

It was temporarily suspended during the COVID-19 pandemic, but resumed after April 1, 2022. (1% from April 1, 2022 - June 30, 2022, and the full 2% resumed on July 1, 2022.)
 
You must log in or register to reply here.
Top