Part B Insider (Multispecialty) Coding Alert

In Other News...

There's good news and bad news about the Medicare Trust Fund this week.

The good news? The Trust Fund most likely won't go broke within the next decade, as previously projected. The bad news? The Medicare Trust Fund is only predicted to remain solvent through 2029.

Because of reforms put into effect by the Affordable Care Act, the Medicare Trust Fund will remain solvent for 12 years longer than originally projected, said HHS Secretary Kathleen Sebelius at an Aug. 5 press conference.

"As we work to secure Medicare's future, we are committed to honest accounting," Sebelius said. "That's why President Obama and I have called on Congress to pass a permanent fix to the Sustainable Growth Rate formula for doctors so that our projections can be based on the most accurate information."

To read Sebelius's full statement, visit www.hhs.gov/news/press/2010pres/08/20100805d.html.

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