AXIOS January 12, 2024
Congress should raise Medicare payments for doctors and hospitals and give additional pay increases to safety-net providers next year, independent advisers to Congress recommended Thursday.
Why it matters: The recommendations from the Medicare Payment Advisory Commission come as doctors urge Congress to reverse a 3.4% cut to their 2024 Medicare rates, which they say will make it harder to practice medicine.
Details: MedPAC members voted to recommend a 1.3% increase to the scheduled Medicare rates for doctors and other providers paid through the physician fee schedule in 2025, which is half of the projected increase in inflation for medical practice costs.
- Lawmakers don’t have to implement MedPAC’s payment recommendations — and they haven’t recently.
- In recent years, there’s also...