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Tell Congress to Prevent Medicare Physician Payment Cuts
By Jarrod Fowler, MHA, FMA Director of Health Care Policy and Innovation | Updated Aug. 11, 2022
The AMA has released a
form letter
to help physicians contact their Congress members about taking action to prevent several Medicare payment cuts poised to take effect in 2023.
By sending a letter to your congressional representatives
, you can increase the odds of averting these cuts, which would include:
A 4% sequestration cut to the conversion factor triggered by the American Rescue Plan Act.
The expiration of the remaining relief granted to offset the budget neutrality effects of the 2021 MPFS Final Rule. This will result in a further 3% cut to the conversion factor if no action is taken.
An additional cut of roughly 1.5% to the conversion factor due to changes that trigger “budget neutrality” included in the 2023 MPFS Proposed Rule.
The expiration of a 5% Medicare bonus for Advanced Alternative Payment Model participants.
The expiration of a $500 million dollar bonus pool for exceptional performance under the Merit-based Incentive Payment System (MIPS).
A zero-percent statutory payment increase to the conversion factor at a time when inflation is soaring.
Combined, this amounts to an 8.5% cut to Medicare physician payments, and an additional de facto cut due to inflation and the loss of potential bonus payments. This is simply unacceptable and would have a devastating effect on practices and access to care in Florida and beyond. Join the effort to prevent these egregious cuts by
sending a message to your Congress members today
.
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