tci Part B Insider - 2007 Issue 3

Urge Congress To Listen To Its Advisors And Scrap 10 Percent Cut

If the Medicare Payment Advisory Commission (MedPAC) ran the world, you wouldn't have to worry about where next year's payment updates were coming from. The Congressional Budget Office warns that you face a 10 percent cut in your Part B payments for 2008 if Congress doesn't act. But meanwhile, MedPAC recommended that Congress give you a nice 1.7 percent pay hike next year. The truth is, neither MedPAC's carrot nor the CBO's stick are likely to become law. But both numbers will influence the Democratic-controlled Congress as it debates options for yet another rescue mission. In the long...

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