Medicare Pay Cuts Extension Through December 1st 2010

HR 4213 finally bombed out of the Senate late Thursday (6/24) after a couple of attempts to dump chunks of the overstuffed bill failed to get the significant passing votes to pass (57-41 yea, but they needed 60 Senate votes to pass).  There will be many jobless Americans wondering what will happen to them now (although a stripped down version with just the jobless extensions has been relabeled for just itself and it back on the docket.  No significant action seems to be expected on it until the House and the Senate both return from the 4th of July holiday.)  It failed to pass the additional Medicaid aide for states, dumped Cobra help extensions, etc.  Not only was the cost of this jumbo bill very high, but it was promoting a significant tax increase.  So, it being busted is not necessarily a bad thing, now maybe they will weigh each portion separately for cost and merit as should have been done from the beginning.

What does this mean for Doctors and your Medicare cut? 

Important: Your Medicare Payments

Beginning today, you may start to see Medicare checks in your mailbox.  These will be payments that Medicare had been holding off on processing, hoping that Washington D.C. would pass the next reprieve for the Medicare pay cut.  The month-to-month wait was finally going into a 19 month reprieve, but the resolution to do it, H.R.4213, is currently stalled in debate on the Senate floor.  Again, the problem isn't giving you doctors a break on the pay cut, the problem is that your pay cut is tied in with an extension on jobless benefits, Medicaid, and a bunch of other stuff.  Stuff that would best be served on individual bills, rather than as one mega-conglomerate bill.

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On the Dockets/Chopping Block Again:Medicare Pay Cut

The Medicare physician pay cut exists as part of the of the Balanced Budget Act of 1997, which says that the Medicare payment dollars paid out to doctors will be cut automatically when the cost out paces inflation. These automatic cuts have been delayed repeatedly by Congress since 2003, which is why there is such a large pay cut currently being faced by doctors.  For physicians, if passed, H.R.4213 would extend the currently scheduled 21.2% cut in Medicare reimbursement until January 2012.  This would eliminate the current month-to-month wonder of what, if any, payment they are going to receive from Medicare for 19 months.