Doctors around the country are pleading for Congress to scrap a slew of Medicare payment cuts set to take effect next year. If lawmakers don’t act, healthcare providers could be looking at an 8.47% reduction in pay.
Such a pay cut could have significant implications for seniors.
Medicare has paid doctors and hospitals much less than private insurance for years.
Cutting reimbursements further could cause providers to reduce the number of Medicare beneficiaries they’ll see — and thereby jeopardize their ability to access care.