Ritter Insurance Marketing, Craig Ritter

Bush administration temporarily postpones Medicare payment cuts

This is from the NAHU website, the Bush administration has extended the deadline for the 10.6% cut in Physician’s payment for 10 days to give Congress time to pass a bill.   See below.

In continuing coverage from previous editions of NAHU Newswire, the Washington Post (6/28, A3, Kane) reported that on Friday, “the Bush administration…gave a reprieve to thousands of doctors expecting to get hit Tuesday with a 10.6 percent cut in Medicare payments.” As a result, the “Department of Health and Human Services will essentially freeze the current pricing system because Congress left town [Friday] for a midsummer break without approving a price fix, Secretary Mike Leavitt announced. Congressional aides said the freeze could last 10 days.” Leavitt also “said he hopes to retroactively pay doctors once the dispute is resolved,” if it lasts longer than 10 days.

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