Can Congress Put An End To Annual Medicare Payment Ritual?
Congress is still searching for money to avoid a 24 percent cut in pay for doctors who treat Medicare patients. But seniors are already paying their share of the cost in premiums, as if the pay cut — scheduled to kick in on April 1 — won’t happen. Seniors’ premiums cover 25 percent of their Medicare Part B outpatient services, including doctor visits, outpatient lab tests and hospital visits, medical equipment and home health care. The government picks up the rest of the bill. Federal law requires Medicare number-crunchers to decide on premiums by Oct. 1 for the following year...Read More
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