Doctors Play the Waiting Game on Medicare Pay

Image via Flickr user comedy_nose by Creative Commons License.

Physicians who participate in Medicare are still waiting to see if Congress will act to stop a 21% payment cut scheduled to take effect on June 1. But new information from the Congresssional Budget Office shows that while a permanent replacement of the payment formula would be costly, just passing a short-term fix is expensive too. The temporary fixes that Congress has been passing in recent years now come at a price tag of $9 to $10 billion a year. And eventually physicians will face cuts of 29% to 34%.

Hear about this and the implementation of state-based high risk insurance pools in this week’s edition of the Policy & Practice Podcast.

Take a listen:

— Mary Ellen Schneider (on Twitter @MaryEllenNY)

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Filed under Health Policy, health reform, IMNG, Physician Reimbursement, Podcast, Practice Trends

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