Congress Proposes Medicare Reimbursement Fix

From Modern Physician:

U.S. Representatives John Dingell (D-Mich.), Frank Pallone (D-N.J.), Pete Stark (D-Calif.) and Henry Waxman (D-Calif.) introduced legislation to extend the current physician Medicare reimbursement rates for 13 months and provide a 1% update for both this year and next year.

Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Chuck Grassley (R-Iowa) have introduced a bill that would provide a month-long extension to the Medicare physician payment formula, and said they will work together to pursue a year-long fix that could be enacted before the month-long patch expires.