Modifying update to the conversion factor under the physician fee schedule under the Medicare program

Section 1848(d) of the Social Security Act (42 U.S.C. 1395w–4(d)) is amended— (1) in paragraph (1)— (A) in subparagraph (A)— (i) in the first sentence, by striking and ending with 2025; and (ii) by striking the second sentence; and (B) in subparagraph (D), by striking (or, beginning with 2026, applicable conversion factor); and (2) by amending paragraph (20) to read as follows: (20) Update for 2026 and subsequent years The update to the single conversion factor established in paragraph (1)(A)— (A) for 2026 is 75 percent of the Secretary’s estimate of the percentage increase in the MEI (as defined in section 1842(i)(3)) for the year; and (B) for 2027 and each subsequent year is 10 percent of the Secretary’s estimate of the percentage increase in the MEI for the year..

Section 1848(d) of the Social Security Act (42 U.S.C. 1395w–4(d)) is amended— (1) in paragraph (1)— (A) in subparagraph (A)— (i) in the first sentence, by striking and ending with 2025; and (ii) by striking the second sentence; and (B) in subparagraph (D), by striking (or, beginning with 2026, applicable conversion factor); and (2) by amending paragraph (20) to read as follows: (20) Update for 2026 and subsequent years The update to the single conversion factor established in paragraph (1)(A)— (A) for 2026 is 75 percent of the Secretary’s estimate of the percentage increase in the MEI (as defined in section 1842(i)(3)) for the year; and (B) for 2027 and each subsequent year is 10 percent of the Secretary’s estimate of the percentage increase in the MEI for the year..