Saturday, December 21, 2002

"The new cuts will force more physicians to turn away Medicare patients. That's the reality. Doctors will not have any incentive to accept new Medicare patients. While Medicare reimbursements are going down, our expenses are rising 5 percent to 10 percent a year."

Medicare to Cut Payments to Doctors 4.4% The Bush administration announced today that Medicare payments to doctors would be cut 4.4 percent next year, after a 5.4 percent cut this year. Federal officials predicted that doctors would, as a result, be less willing to accept new Medicare patients. If the cuts are not reversed, Congress and the administration will face the wrath of two politically potent constituencies, elderly voters and doctors who care for the elderly.� http://www.nytimes.com/2002/12/21/health/21HEAL.html