Forbes March 9, 2025
The American Medical Association and a chorus of physician groups decried what they say is a decision by the Republican-controlled Congress to allow a devastating cut in Medicare payments to physicians.
A funding bill released over the weekend by Republicans who control the U.S. House of Representatives will allow to go forward a 2.8 percent cut in payments physicians receive from the Medicare health insurance program to treat elderly patients.
With Donald Trump and his biggest campaign donor, the billionaire Elon Musk, already cutting federal health agency funding and Republicans looking at cuts to spending on Medicaid coverage for low-income Americans, doctors and hospitals fear the Medicare payment cut to physicians will certainly lead to closures of physician practices, clinics...