Next week, the House of Representatives is scheduled to take up a bill (H.R. 3961) which would enact a permanent “fix” to the unquestionably flawed Medicare physician payment update formula. The Congress created a formula for physician Medicare payment that would automatically cut doctor payments, but has routinely acted to …
The key to this chart is the second graph showing the spending “cuts” in the H.R. 3962. Nobody in world believes those cuts will happen. Which is why the true cost of the House health Bill is $1.5 trillion.
While some prominent physician groups at the national level like the American Medical Association have suggested that the typical doctor on net would be better off if Congress’s health care legislation were to pass—mainly because of all the changes in Medicare payment methodology—those groups have generally failed to acknowledge a …
