Dr. Stephen Brotherton, president of the Texas Medical Association, believes consumers should be concerned about doctors opting out of Medicare if lawmakers don’t find a permanent fix for future pay cuts to doctors who accept the plan. Dr. Reid Blackwelder, president of the American Academy of Family Physicians, agrees, and says the federal budget sequestration that trimmed 2 percent from Medicare payments April 1, didn’t sit well with physicians. He says that pay cut, along with annual threats of more from the Sustainable Growth Rate payment formula — created by the Balanced Budget Act of 1997 to slow the growth of Medicare spending — hurts providers’ ability to predict revenues.
“[SGR] is fatally flawed. It puts patients at risk as long as it exists,” Blackwelder says. “We want to see more Medicare patients, but … we face cuts to payment. That makes no business sense.” Hoven of the AMA says an impending 25 percent cut at the end of this year “would certainly make matters worse.”
How often has Medicare been raided to pay for ??????? How many times does the taxpayer have to take care of the problems created by those in charge?