NEWS: With nudge by Kennedy, Medicare bill passes
Patient Financial Services Weekly Advisor, July 11, 2008
Massachusetts Sen. Edward M. Kennedy returned to the Capitol to help the Senate pass legislation that would rescind a 10.6% cut in payments to doctors who treat Medicare patients, the Washington Post reports.
The White House has threatened to veto the measure because of provisions that would reduce payments to private insurers who participate in Medicare Advantage. Some doctors have stopped taking new Medicare patients until the issue is resolved, saying the reductions would make treating the elderly impossible from a financial standpoint.
To read the full story in the Washington Post, click here.
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