MedPAC looks at cutting, freezing physician Medicare pay

09/19/2011 | Medscape (free registration)

Primary care physicians would have their Medicare pay frozen for a decade while specialists would take a 5.9% cut for three years and then have rates locked for the next seven years under a cost-cutting plan proposed by the Medicare Payment Advisory Commission. The plan proposes cuts from other areas, such as the Medicare Part D drug program, to balance the $200 billion in extra spending this plan would cost. Medical groups came out in opposition to the plan, which is aimed at avoiding the 29.5% reimbursement decrease that would come Jan. 1, under Medicare's sustainable growth rate formula.

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