Posted by Willful on February 2, 2010, at 23:16:41
In reply to No More Medicaire What Will happen????, posted by Phillipa on February 2, 2010, at 21:37:03
Calm down, Phillipa. There's nothing to be alarmed about. Congress is not about to reduce doctors' pay nor is medicare about to end.
This is about a possible effect of newly passed budget legislation on an accounting system that was set up in order to make sure that doctors pay was not reduced, as otherwise would have been required. Undoubtedly, congress will pass another fix, and any pay cut will be eliminated.
In brief, it's about an old formula for limiting doctors' pay increases each year, which limitation has also been deferred every year-- and which will no doubt be deferred again-- The issue again is too complicated to explain-- although it's in this short article if you read it--
I'd explain more, but I think it would just confuse you.
Just trust me that what's going on here will be resolved in a way that satisfies doctors (even if it doesn't meet all their hopes and wishes).
Just take my word for it. I read about this the last time you posted on the issue-- and it has nothing even remotely to do with ending Medicare.
Willful
poster:Willful
thread:935806
URL: http://www.dr-bob.org/babble/20100122/msgs/935814.html