Both the House and Senate yesterday voted to over ride President Bush’s veto of a bill that was to reverse the 10.6% cut in physician Medicare fees. The vote was 383-41 in the House, and 70-26 (4 not voting) in the Senate. For the roll calls, see the House results here, and the Senate results here. If your representatives are on the “nay” list, write and call to tell them how disappointed you are in them, and remember this in November.
Unfortunately, the carriers need a week or so to change the payment schedule, according to the AMA. So the first set of claims to be paid on services rendered over the first few days in July will be at the reduced rate. The law provides for a 0.5 percent increase.
Score one for physicians and one loss for insurance companies. Now the real battle – fees, particularly for primary care physicians, need to start coming up again. Work with your local medical society and MGMA chapter to help move things along.
You should review theAMA Action Kit for information and ideas. You can readjust your budget for the remainder of 2008 and 2009.