Medicare/Tricare Fix
Got this as part of an email from MOAA. Looks like the docs will get their money after all.
Quote:
It appears that, once again, Congress will act at virtually the last minute to stop a 21% cut in Medicare and TRICARE payments to doctors scheduled to take effect on March 1.
On January 29, the Senate approved a Medicare/TRICARE amendment offered by Senate Majority Leader Harry Reid (D-NV) before passing H.J. Res. 45, which increases the national debt limit. The Reid amendment would provide a five-year fix for the Medicare/doctor payment problem.
If approved by the House of Representatives as expected next week, it would put an end (for a while, anyway) to annual threats that big Medicare/TRICARE payment cuts would cause doctors to drop those programs' beneficiaries as patients.
Previously, legislators had been considering yet another one-year "patch". But because the payment cuts compound each year, a one-year fix would have meant facing an even larger 26% cut for January 2011.
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