Thursday ยง March 4, 2010
Obama Signs Bill Delaying Medicare Payment Cuts to Physicians until April 1
Physicians — especially those of the primary care type — are spared the potential problems that come with cuts in Medicare payments. At least for another month. President Obama has delayed the anticipated 21% cut in reimbursements while Congress has to take the matter up yet again.
Sen. Jim Bunning (R-KY) created a legislative frenzy last week when he placed a procedural hold on the bill that would have extended health care benefits to the unemployed for an additional length of time. That measure would have also allowed taxpayer subsidies to be used for premiums. Bunning relinquished his standoff yesterday, allowing this extension on cuts in payments to be avoided for another 30 days.
Polling, as a result, shows just how far cuts in Medicare payments to providers and provider organizations will go in threatening care delivery to a huge segment of the chronic care patient population — the same demographic responsible for the heaviest utilization of pharma, primary care, and acute care. Approximately two-thirds of primary care physicians polled by Medscape said they would cease to care for Medicare beneficiaries as a result of the cut.
An extension only holds off the inevitable, and although Senate Democrats are looking for ways to delay cuts further, there has to be a day of reckoning. That could come October 1, if senate legislators work to pass another bill [PDF] and try to reverse the SGR formula [PDF], which is responsible to establishing pay cut schedules in Medicare provider reimbursements.
With reform, the current band-aid strategy the Obama administration is using continues on its sloppy course.
Related Posts Within Doctor Pundit:
- Medicare Payment Cuts Threaten the Practices of Some Medical Subspecialists Proposed Medicare cuts looming as part of the health reform...
- Hospitals, Physicians Raise Stakes on Obama’s Push for an Independent Medicare Payment Commission As the dog days of Obama’s first summer as president...
- Obama Appears Intolerant of Waiting for Definitive Legislation to Curb Medicare Payment Cuts to Physicians A year ago, Doctor Pundit highlighted the perennially contentious matter...

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