Baucus did not discuss details of the compromise he worked out with Senate Finance ranking member Charles Grassley, but industry sources say the compromise prevents a 10.6 percent Medicare physician pay cut for 18 months by giving physicians a 0.5 percent Medicare payment increase in 2008 and freezing payments in 2009. By contrast, the House-passed measure bumps up physicians' pay 1.1 percent in 2009.Previously CMS announced that any Medicare fix law enacted after June 16 must be applied retroactively.
An Ermer & Suter PLLC service providing Federal Employees Health Benefits Program and general health benefits law and policy information -- but not legal advice
Tuesday, June 24, 2008
Medicare fix update
The House approved a Medicare fix bill today by a veto-proof margin. The National Journal reports that Senators Baucus and Grassley have reached a compromise that may lead to enactment of a law this month. According to the National Journal,
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