Late last month, an overwhelming bipartisan majority in
the House of Representatives approved the Medicare Reauthorization and CHIP
Extension Act (MACRA), a fiscally irresponsible approach to increasing the
amount the federal government spends on Medicare’s physicians’ services.
Medicare’s Physician Fee Schedule is tied to an inflation formula that is
inadequate to pay physicians enough to keep seeing Medicare patients. While
Congress has had to increase this amount every year, those increases have always
been funded by offsets from other federal spending.
This is the first time politicians of both parties have
ignored this rule, increasing Medicare’s physicians’ payments perpetually and
not paying for it. Worse, gimmicks
obscure the true cost of the bill. Further, the bill would centralize
federal control of the practice of medicine along the lines of Obamacare.
The bill faces a lot of pressure to pass the Senate next week, especially
because Medicare will have to start paying doctors according to a significantly
lower fee schedule on April 15. So, the Senate needs to fix the bill very
quickly before approving it.
There are three
responsible approaches:......To Read More….
Also of Interest:
The DocFix Is Small Change Compared To What Will Be Needed To Fix Obamacare, by John C. Goodman (Forbes, 4/7/15)
Needles of Panic? White HouseFears Rejection of Boehner-Pelosi-Obama Medicare “Doc Fix”, by John R. Graham (The Beacon, 4/6/15)
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