Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Lawmakers want to stop fee-for-service Medicare payments

Bloomberg, November 1, 2013
The chairmen of the U.S. House Ways and Means and the Senate Finance committees want to phase out the way Medicare pays doctors for their services. They're proposing a gradual change to a new system along with a pay freeze and incentives to give up fee-for-service billing. "Enough with the quick fixes. Our proposal is for a new physician payment system that rewards value over volume," Senator Max Baucus of Montana said in a statement. "It will go a long way in improving the efficiency and quality of care for America's seniors."