Fiscal Cliff Would Slash Physicians' Medicare Compensation
As the nation hurtles toward the fiscal cliff, doctors are staring down a much more daunting abyss, a panel of experts said Thursday at POLITICO Pro’s health care breakfast briefing.
Not only do doctors face a 2 percent cut in Medicare reimbursements because of the failure — thus far — to avoid sequestration, but they’re also looking at a 27 percent reduction in pay in the absence of a deal to fix the Medicare payment formula.
Source: Politico. Read full article. (link)
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Well we can't say anything about this right now, cut in medicare reimbursements is something very disappointing but if government has no option to fix medicare payment formula then it should be fix very soon. Everyone needs to get Medicare Benefits.
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This is really disappointing that government is cutting reimbursement money of doctors, that may cost medicare patient less Medicare Benefits.