Sen Max Baucus (D-Mont) has recently released his summary of the Senate Finance Committee’s health care reform legislation, which includes some important provisions for physical therapists, says a statement from the American Physical Therapy Association (APTA), Alexandria, Va.
The proposal includes a 2-year extension of the therapy cap exceptions process, a 1-year fix for the sustainable growth rate at a .5% increase, an extension of the 1.00 floor for geographic practice cost indices for an additional 2 years, a ban on specialty hospitals self-referral, and increased transparency on disclosure of financial relationship between physicians and referred professional services.
The bill has an estimated cost of $856 billion and would create a co-op system of health insurance to compete with private health insurance.
The Senate Finance Committee plans to start marking up the legislation shortly.
[Source: APTA]
