tci Part B Insider - 2003 Issue 33

Physician Notes: Medicare Reform Awaits President's Signature

The U.S. Senate approved the most dramatic overhaul of the Medicare program since its inception. The 54-44 vote in the Senate means the bill now goes to President George W. Bush, who is expected to sign it into law. In addition to prescription drugs, the bill also revamps Medicare to give health plans a more significant role and replaces next year's 4.1 percent cut to Medicare physician spending with a 1.5 percent increase both next year and the year after. The top dog at the Centers for Medicare & Medicaid Services is calling it...

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