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.
Medicare Reimbursements Not Changing in 2013 Good news for doctors’ offices. The 26.5% cut in Medicare reimbursements to take effect January 1, 2013 has been averted as both the Senate and House voted to pass the “Fiscal Cliff” bill aying Medicare cuts and adjustments to payments. According to bill reimbursement rates for Medicare will not change for 2013. Physicians can breathe a sigh of relief this year but come January 1, 2014 Medicare rates can once again change. Congress still Continue Reading
House Passes H.R. 3962 The House of Representatives just passed the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (H.R. 3962). This legislation contains provisions that block the 21.3 percent cut to Medicare physician reimbursements until Nov. 30. Medical practices will see a 2.2 percent increase to Medicare physician payments for claims with dates of service from June 1 through Nov. 30. The president is expected to sign the bill into law shortly.