The House prepares for action on a physician payment fix while the administration trudges through early implementation steps for a new health coverage law.” Notably, “this week marks the two-month anniversary of its enactment on March 23.” The law’s “implementation gets slower as the wheels of regulatory agencies churn through new rule making…prior to a September 23 benchmark deadline, six months after enactment of the law. Two reports released this month documented some expected market forces that will affect the law’s cost and effectiveness,” including a “report on an AARP study that drug prices have spiked over the past 12 months
The physician payment fix is a very big issue of healthcare. As of June 1st the reinbursment rate for Doctors treating medicare patients will be reduced 21%. This is going to have a huge impact on doctors and hospitals.