House expected to consider Medicare physician payment legislation by June 30

The U.S. House of Representatives is expected to consider legislation to block the pending 21.2 percent cut to physician Medicare payments soon.  The cuts will take effect June 1 unless final legislation is signed into law before then. The proposed bill, H.R. 4213, “The American Jobs and Closing Tax Loopholes Act of 2010” also includes numerous other “tax extender” provisions, such as extended unemployment insurance and COBRA coverage through the end of 2010. The bill must also pass through the Senate if it is approved by the House.

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