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    When does Medicare pay less than 80% of approved amount

    Effective 4/1/2013 due to the sequestration federal budget cuts, provider reimbursements are reduced by 2%. For example, if medicare approved amount is $100, the 80% reimbursement of $80 to the provider is reduced to $78 and the beneficiary would still be responsible for 20% or $20. If the...

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