Physicians Fear Medicare Cuts Due to Fiscal Cliff
(WASHINGTON) — Medicare physicians are preparing for fee hikes for their patients if Congress is unable to resolve the fiscal cliff, according to a statement by the Centers of Medicare and Medicaid Services (CMS).
According to the statement, “Medicare Physician Fee Schedule claims for services rendered on or before December 31, 2012, are unaffected by the 2013 payment cut and will be processed and paid under normal procedures and time frames,” but the CMS will notify Medicare physicians “on or before January 11, 2013” if fees will go up.
The CMS says, “We continue to urge Congress to take action to ensure these cuts do not take effect.”
Copyright 2012 ABC News Radio