President Bush Declares to Fix Medicare Physician Payment Mistake
President Bush declared, in his recent budget proposal, to fix
the Medicare Physician Payment problem. Physicians took a 5.4 % cut in 2002
and are scheduled to take another 4.4% cut, effective March 1, 2003. The
President acknowledges that America's seniors should not pay for the government's mistake
and proposes to adjust the formula to use actual data instead of estimates in current and
future updates. The adjustment would fix the error and get Medicare physician
payments back on track for the future. Physicians are encouraged to continue to
write to their Congressman about the Medicare payment problem.