Congress recently passed an extension for Medicare reimbursement rates for physicians. How long will the extension last, is there talk of extending it further, and how will it impact the Central Coast specifically?
This is a great question, and it is an issue I have been working deep in the weeds for more than a decade. To answer the immediate question, congress has passed a series of extensions for Medicare reimbursement—the current extension expires on Dec.31, 2010. But Democrats worked out a way to guarantee a longer extension, one that will last through 2011. That bill is on its way to President Obama for signature, thus assuring that doctors will not face a 23 percent cut on Jan. 1.
But the Central Coast also faces another important issue looming over Medicare reimbursement in our region.
As many of you may be aware, doctors in Santa Cruz, Monterey and San Benito Counties receive a lower payment from Medicare than do doctors in neighboring Santa Clara County.