Medical Economics December 15, 2023
Proposals, money and ‘perpetual hope’ are all there. Now action is needed.
The American Medical Association (AMA) chided Congress and the administration of President Joe Biden for concluding legislative business in 2023 without a boost in physician pay.
For months, physicians and medical organizations have called for action against the looming 3.37% cut to physician payments in the Medicare Physician Fee Schedule.
Leaders in Washington have proposed the bipartisan “Preserving Seniors’ Access to Physicians Act of 2023,” which would eliminate the cut. The fiscal year 2024 National Defense Authorization bill includes $2.2 billion in sequester cuts for physicians in a Medicare Improvement Fund. AMA said that “more than enough funding to stop the 3.37% cuts in their entirety.”
But without...