This week, physicians are
set to receive a 21 percent pay cut under Medicare, because
Congress was unable to pass a so-called “doc fix” legislation to
defer the scheduled cuts.
Back in 1997, lawmakers established a new formula to limit the
growth of doctors Medicare payments to contain the cost of the
program. Since then, Congress has typically voted to avoid the
cuts from actually going into place, passing temporary
extensions. During the health care debate, House Democrats
initially sought to include a long-term “doc fix,” but it would
have added to the cost of the ObamaCare and produced a
Congressional Budget Office score showing a deficit. So Democrats
put off dealing with the doctors’ payments issue, and right now
Republicans are insisting on spending offsets.
The cuts will officially go into place tomorrow.
For more background on the issue — and an argument for why
government shouldn’t be setting doctors’ pay in the first place
—
check out John Graham.
Oldefarte| 6.14.10 @ 11:22AM
Philip, Thanks to DEMOCRATS, my [and all seniors] Medicare will eventually become worthless, since the medical industry will deem it detrimental to their own economic/financial well being to treat Medicare covered patients. Doctors/hospitals will essentially be paying part of their own fees in treating same. The intelligent fixes were put on the table in the healthcare debates, but, oh no, the Democrats had to provide another WELFARE vehicle to their indigent constituents [WEALTH REDISTRIBUTION VIA OBAMACARE]. Now the fecis will hit the Medicare fan for us seniors sho have worked/slaved our entire lifetimes in paying for our own [now worthless] Medicare coverage. Thanks, Democrats!!!!!!!!!!!!!!!