Politico October 7, 2024
With Robert King
Driving The Day
A MEDICARE RX? Doctors are staring down a cut to their Medicare payments for the fifth successive year, and a permanent solution to the yearly ordeal remains bleak on Capitol Hill, Robert King reports.
CMS proposed a 2.8 percent cut for 2025 this summer and will make a final decision in November. The cut is based on a formula that Congress hasn’t tweaked since 2015.
Lawmakers are optimistic they can delay at least some of the cut as they have previously, but a more permanent solution has remained elusive because of a high price tag.
“It’s about the money, it’s about the pay-fors,” said Rep. Larry Bucshon (R-Ind.), a cardiothoracic surgeon and member of...