Paying for the Medicare Doc Fix Is Easy
Also published in Forbes Wed. April 8, 2015
Late last month, an overwhelming bipartisan majority in the House of Representatives approved the Medicare Reauthorization and CHIP Extension Act (MACRA), a fiscally irresponsible approach to increasing the amount the federal government spends on Medicares physicians services. Medicares Physician Fee Schedule is tied to an inflation formula that is inadequate to pay physicians enough to keep seeing Medicare patients. While Congress has had to increase this amount every year, those increases have always been funded by offsets from other federal spending.
John R. Graham is a former Senior Fellow at the Independent Institute.
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