They may not be reducing the Medicare budget(maybe), but there is a reduction of the reimbursement amount to Doctors from Medicare. As an example in 2022 the reimbursement amount may have been 50% of the amount billed, but in 2023 it has dropped to 45%. Effectively this allows Medicare to have the same budget, but cover more seniors at t…
They may not be reducing the Medicare budget(maybe), but there is a reduction of the reimbursement amount to Doctors from Medicare. As an example in 2022 the reimbursement amount may have been 50% of the amount billed, but in 2023 it has dropped to 45%. Effectively this allows Medicare to have the same budget, but cover more seniors at the cost of the Doctors. Ultimately, this could very well lead to social medicine as Doctors refuse to treat Medicare patients. Also most private insurers follow reimbursement from Medicare. Seniors need to tell both parties NOT to cut reimbursement to doctors or we may well lose our doctors.
They may not be reducing the Medicare budget(maybe), but there is a reduction of the reimbursement amount to Doctors from Medicare. As an example in 2022 the reimbursement amount may have been 50% of the amount billed, but in 2023 it has dropped to 45%. Effectively this allows Medicare to have the same budget, but cover more seniors at the cost of the Doctors. Ultimately, this could very well lead to social medicine as Doctors refuse to treat Medicare patients. Also most private insurers follow reimbursement from Medicare. Seniors need to tell both parties NOT to cut reimbursement to doctors or we may well lose our doctors.