240.018 Medicare Fees

240.018

Medicare Fees: Inadequate fee updates since 2001 have caused Medicare physician payments to fall well below the average cost to provide services, so that physician practices are unable to survive at Medicare payment rates. Inadequate fees lead to a shift of care to costly hospital-based settings. Adequate fees and update factors are necessary to maintain beneficiary access to outpatient care and to accomplish improvements in medical care quality. Congress should act now to set Medicare fees at an adequate rate and enact requirements for future updates that are adequate to accommodate increasing practice costs (CSE Rep. 3-A-07; amended CSE Rep. 6-A-17).

Last Updated On

May 31, 2017