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The committee’s report to congress includes recommendations for fee-for-service, Medicare Advantage, Part D, and telehealth.
The Medicare Payment Advisory Committee (MedCAP) has released its March 2021 Report to the Congress: Medicare Payment Policy containing analyses and recommendations for lawmakers.
According to a news release, the report details recommendations for fee-for-service (FFS), Medicare Advantage (MA), Part D, and telehealth. It also includes a discussion of the preliminary effects of the COVID-19 coronavirus pandemic on access to care and the financial impact on physicians. A fuller accounting of those issues will require data which is still being collected.
Most of the report is based on data from 2019, but MedPAC attempted to consider the effects of the COVID-19 pandemic on their indicators, the release says.
The report’s recommendations include:
In an emailed statement Anders Gilberg, senior vice president of government affairs for the Medical Group Management Association (MGMA), expressed dismay with the report’s recommendations for increases in physician services payment and the long-term effects of the COVID-19 pandemic.
“MedPAC also states it does not anticipate any long-term effects related to the public health emergency that would warrant changing the annual update to Medicare’s fee schedule for 2022,” Gilberg says in the statement. “At this point, it is too early to assume that medical practices will not continue to experience financial challenges stemming from the COVID-19 pandemic next year or an acceleration in post-pandemic practice-cost inflation. Without congressional intervention, group practices will also face payment cuts in 2022 attributed to sequestration and a likely lower physician fee schedule conversion factor due to evaluation and management service revaluations.”