Medicare Payment Reform! Mitigate the 3.7% Cut and Provide an Inflationary Update

Congress failed to pass legislation to reject CMS’s 3.37% cut to Medicare Physician Reimbursement before it went into effect on January 1st, 2024. Thankfully, Representatives Murphy (R-NC), Davis (D-IL), Wenstrup (R-OH), Panetta (D-CA), Bucshon (R-IN), and Burgess (R-TX) recently introduced the Preserving Seniors’ Access to Physicians Act of 2023, (H.R. 6683), which would retroactively mitigate these cuts once signed into legislation!   

Contact your legislators and urge them to cosponsor the Preserving Seniors Access to Physicians Act!   

Physicians are the only care team providers whose Medicare payments do not automatically receive an annual inflationary update. As a result, Medicare physician payments have lagged 26% behind the rate of inflation growth since 2001. During this current period of record inflation and coming on the heels of a highly disruptive pandemic, this statutory flaw is amplified.  

Physician Medicare payments have declined relative to inflation and will continue to do so unless Congress acts to fix flawed and outdated payment rules. Thankfully, a bipartisan group of physician members of Congress – Representatives Larry Bucshon, MD (IN), Raul Ruiz, MD (CA), Marionette Miller-Meeks, MD (IA) and Ami Bera, MD (CA)  introduced The Strengthening Medicare for Patients and Providers Act (H.R. 2474), legislation that would reform this flawed system and provide annual inflationary updates, based on the Medicare Economic Index (MEI), for Medicare physician services, similar to updates received by other health care providers. 

Tell your legislators to cosponsor The Strengthening Medicare for Patients and Providers Act to provide annual MEI updates to physician payment! 

Our tool will allow you to contact Congress about these important pieces of legislation. Please take a moment and contact your legislators and urge them to retroactively mitigate the 3.37 % cut and to support efforts to develop a lasting solution to Medicare payment reimbursement.

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