Some lawmakers on Capitol Hill are speculating that a big Republican victory in November could resolve the Medicare "doc fix," putting off pending reimbursement cuts for another 13 months.
Unless Congress acts, physicians could face a 23.5% cut in Medicare payment rates on Dec. 1, and an additional 6.1% reduction on Jan. 1.
Physicians groups have been demanding a 13-month delay in implementing any reduction in Medicare reimbursements, and urging lawmakers to pass a longer-term fix to make Medicare reimbursements more equitable. But The Hill reports that such changes would add as much as $330 billion to federal spending over the next 10 years, according to estimates by the Congressional Budget Office.
Some now say a Republican victory in November would hasten the “doc fix,” believing that newly elected Republicans would be eager to agree to a costly change in Medicare reimbursements and then pass the blame for it onto outgoing Democrats.
In July, the House voted to once again delay the mandated cut in Medicare fees, pushing the debate over changes to the sustainable growth rate (SGR) to late November. (The SGR links Medicare reimbursement rates to the U.S. gross domestic product. With healthcare spending far surpassing GDP growth, the formula requires drastic cuts in reimbursements.) It was the 10th time a decision was delayed on the so-called doc fix. Instead, lawmakers gave physicians a 2.2% rate increase, retroactive to June 1, which is set to expire on Nov. 30.
What options do lawmakers have to change the current policy? In July, the journal Health Affairs published a health-policy brief that offered some suggestions. Among them: