{"id":149,"date":"2011-08-22T07:29:06","date_gmt":"2011-08-22T07:29:06","guid":{"rendered":"http:\/\/www.medicalbillersandcodersblog.com\/?p=149"},"modified":"2014-08-14T07:35:23","modified_gmt":"2014-08-14T07:35:23","slug":"the-proposed-medicare-cuts-and-its-imminent-repercussions","status":"publish","type":"post","link":"https:\/\/www.medicalbillersandcoders.com\/blog\/the-proposed-medicare-cuts-and-its-imminent-repercussions\/","title":{"rendered":"The Proposed Medicare Cuts, and Its Imminent Repercussions"},"content":{"rendered":"

The Congress\u2019 balancing act aimed at increasing nation\u2019s debt, and decreasing federal spending has quite expectedly singled out Medicare \u2013 which is one of the priority spending sectors in the Federal Budget \u2013 as the nucleus of its growing deficit budget, and the one that requires immediate controlling measures either in terms of careful structural reform to the Medical Sustainable Growth Rate (SGR), or blunt across-the-board 2% cut to Medicare and other domestic programs. What is alarming is that the accumulated SGR is pegged at a negative 21.3% for 2011, though deferred till the end of the year, would have meant a drastic 21.3% cut to physicians bills for Medicare beneficiaries.<\/p>\n

Having already come in for widespread criticism from all the stakeholders, the implementation will have serious repercussions across the spectrum of nation\u2019s primary healthcare sector: Medicare Physicians, Beneficiaries, Medicare Insurance Carriers, and Medicare Billing Companies<\/a><\/strong>.<\/p>\n