Reed looks for longer extension on Medicare rates

Yellow Pages

By Staff reports
Posted Feb 02, 2012 @ 04:00 PM
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U.S. Rep. Tom Reed, R-Corning, is pushing for a longer extension on the Medicare rates paid to doctors.
Reed said the House passed a two-year extension of the current rates in December. However, the Senate passed only a two-month extension as part of the recent payroll tax break legislation.
“I am very concerned about the impact of this short-term policy on doctors who provide Medicare services,” Reed said. “Small practices will see a decrease of up to 29 percent in reimbursements beginning March 1, and more doctors may decide to stop seeing Medicare patients.”
Reed said the U.S. doesn’t need further restrictions to health care for seniors.
“The Senate needs to address this problem with a long-term solution such as that passed by the House,” Reed said.
Doctors who provide Medicare services are reimbursed according to a Sustained Growth Rate formula. For more than 10 years, the formula has called for a decrease in reimbursement rates. However, Congress has passed multiple bills to ensure the rate does not decrease.

U.S. Rep. Tom Reed, R-Corning, is pushing for a longer extension on the Medicare rates paid to doctors.
Reed said the House passed a two-year extension of the current rates in December. However, the Senate passed only a two-month extension as part of the recent payroll tax break legislation.
“I am very concerned about the impact of this short-term policy on doctors who provide Medicare services,” Reed said. “Small practices will see a decrease of up to 29 percent in reimbursements beginning March 1, and more doctors may decide to stop seeing Medicare patients.”
Reed said the U.S. doesn’t need further restrictions to health care for seniors.
“The Senate needs to address this problem with a long-term solution such as that passed by the House,” Reed said.
Doctors who provide Medicare services are reimbursed according to a Sustained Growth Rate formula. For more than 10 years, the formula has called for a decrease in reimbursement rates. However, Congress has passed multiple bills to ensure the rate does not decrease.

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