Thursday, October 15, 2009

Update: Will Senate Move Forward with Medicare Doc Fix?

Breaking news: This afternoon Senator Reid moved forward with a bill that would address the Medicare physician payment issue separately from health Reform. As reported previously, S-1776 was introduced this week to provide for the update under the Medicare physician fee schedule for years beginning with 2010 and to sunset the application of the Sustainable Growth rate (SGR) formula. Senator Reid filed cloture on the motion and by unanimous consent, the cloture vote on the motion to proceed to S. 1776 will occur at 5:30pm on Monday, October 19.

What is the probability that this Medicare Doc Fix issue will be addressed separately and permanently? Too early to tell at this point but there is bipartisan support to (finally) address this issue permanently.

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