The Medicare "Doc Fix" That Isn't

March 26, 2015 6:36 PM

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As you listen to House Democrats and Republicans sing kumbaya over their bipartisan agreement to fix the Medicare physician payment system, keep one thing in mind: The doc fix doesn’t fix much, and what it does repair likely will add hundreds of billions of dollars to the debt in coming years.

The bill would accomplish one big thing: It would repeal a Medicare payment formula that was supposed to cut physician compensation, but which Congress has blocked every year since 2003. This fantastical payment method would result in an impossible 21 percent cut for Medicare docs this year, a threa...

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