Obama signs bill to delay Medicare doctor pay cuts
President Barack Obama has signed into law legislation that delays for one year a cut in Medicare pay to doctors.
The 25 percent reduction in physician payments had been scheduled to kick in Jan. 1, potentially disrupting care for the nation's seniors.
Delaying the cut will cost the government an estimated $19 billion.
The money will be shifted from the health care overhaul law, mostly by tightening rules on tax credits intended to prevent waste.
The AARP applauded the president's action. But the seniors' lobby said Congress must provide a long-term solution that replaces the current payment formula.
- As Medicare Advantage Cuts Loom, Disagreement Over Program's Stability
- Doctors Feel Pressure to Accept Risk-based Reimbursement
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- Centralizing the Revenue Cycle Protects the Bottom Line
- A Fresh Look at End-of-Life Care
- CA Fines 8 Hospitals for Medical Errors
- 3 in 4 Patients Want E-mail Consultations
- Heart Attack Patient Costs Skyrocket Beyond 30 Days
- ACGME Chief Sees 'Huge' Risk of Error in Proposed Assistant Physician Licensure
- 3 Insider Tips on Cutting Costs without Strangling Growth