Tired of your Medicare pay being doomed to drop? If HR 4213 makes it to law, the Medicare Physician Fee Schedule conversion factor would be in the green for three and a half years. Currently, Medicare providers will be slammed with a 21.29 percent cut in Medicare payments starting June 1. Details:
Rates would, then, continue to increase for 2012 and 2013 if spending growth on physician services stays within reasonable limits, with some added wiggle room for primary and preventive care, News Now continued. After 2013, rates would return to their current law levels.