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Home Members Introduce Bill to Reverse Pending Medicare Physician Fee Schedule Cut

ByIndian Admin

Oct 30, 2024
Home Members Introduce Bill to Reverse Pending Medicare Physician Fee Schedule Cut

— Measure consists of a 1.8% pay boost for clinicians

by Joyce Frieden, Washington Editor, MedPage Today

October 29, 2024

A bipartisan group of House members presented a costs Tuesday that would reverse a proposed 2.8% Medicare Physician Fee Schedule payment cut and provide doctors a raise equivalent to half of the boost in the Medicare Economic Index (MEI), a step of health care inflation.

“America’s doctors are at a snapping point and access to premium, inexpensive care is at danger for countless Medicare clients,” Rep. Greg Murphy, MD (R-N.C.), among the costs’s co-sponsors, stated in a declaration. “When a doctor sees a Medicare client, they do so out of the goodness of their heart, not due to the fact that it makes monetary sense … Unfortunately, compensations continue to decrease, putting enormous pressure on physicians to retire, close their practices, give up seeing brand-new Medicare clients, or look for a less effective work position. This bipartisan legislation would stop yet another year of repayment cuts, provide a small inflationary modification, and secure Medicare for doctors and clients alike.”

Rep. Jimmy Panetta (D-Calif.), another expense co-sponsor, kept in mind that “Medicare payments to doctors are simply not equaling our financial truths and the expense of care.”

“Our bipartisan legislation would not just avoid hazardous cuts however likewise would change company compensations for inflation,” he included. “Such a law would broaden elders’ access to quality health care by assisting medical suppliers continue their take care of Medicare recipients.”

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