OVERHAUL OF REIMBURSEMENT SYSTEM WOULD IMPACT FINANCIAL STRATEGIES
Just days ago, Congress agreed to a one-month delay in a proposal that would have cut Medicare payments to doctors starting on Dec. 1.
Had the House of Representatives not passed a bill approved earlier by the Senate, the pay schedule for doctors would have been cut by 23 percent. In the next month, lawmakers are expected to debate the topic and consider long-term solutions. Senate Finance Committee Chairman Max Baucus, D-Mont., and Charles Grassley, R-Iowa, want a 12-month postponement to allow time for devising a new system to pay doctors.
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