Efficiency Adjustment Delay Act
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Summary
This bill delays implementation of a Medicare physician fee schedule efficiency adjustment that was finalized in November 2025, prohibiting it before January 1, 2030. It requires the Secretary of Health and Human Services to report to Congress within two years on whether such an adjustment remains necessary, with conditions for any future implementation including physician specialty consultation and limitations on which services can be affected. The bill also adjusts Medicare conversion factors for 2026, increasing qualifying and nonqualifying APM conversion factor updates, while restoring lower update rates (0.75% and 0.25%) for 2027 and subsequent years.
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