Medicare Payment Reform: New Doctor Fee Schedule
This bill aims to change how doctors are paid under Medicare, potentially affecting the availability and quality of medical care. The changes are intended to provide more stable and predictable funding for medical services, which is important for Medicare beneficiaries.
Key points
The bill alters how physician payment rates are set in Medicare, basing them on the Medicare Economic Index (MEI).
These changes are set to take effect from 2024, replacing previous, more complex payment calculation methods.
The goal is to simplify the system and ensure that physician payments better reflect the actual costs of providing services.
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