Will doctors be dropping Medicare? What are Seniors to do? The Centers for Medicare and Medicaid Services (CMS) will reduce payments to Physicians by 20.1% starting on January 1, 2014.
Center for Medicare and Medicaid Services Released the Following Statement: On June 25, 2010, President Obama signed into law the “Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010.” This law establishes a 2.2 percent update to the Medicare Physician Fee Schedule (MPFS) payment rates retroactive from June 1 through November 30, 2010. The Centers for Medicare & Medicaid Services (CMS) has directed Medicare claims administration contractors to discontinue processing claims at the negative update rates Continue Reading