Virus Plan May Lift Medicare Spending Limits to Aid Providers

(Bloomberg) -- The massive fiscal stimulus plan Senate Republicans are rushing to finish Thursday would lift spending restrictions on Medicare payments this year, a lifeline to health-care providers who say they’re losing $1 million a day, according to a draft of the legislation’s health provisions obtained by Bloomberg News.Those cuts in payments to hospitals and doctors, known as sequestration, slashed more than $15 billion from Medicare payments, just in fiscal year 2020.Ending se