Senators Form Medicare Payment Reform Working Group

On February 9, 2024, Senators Blackburn (R-TN), Thune (R-SD), Barrasso (R-WY), Stabenow (D-MI), Warner (D-VA), and Cortez Masto (D-NV) announced that they would form a Medicare payment reform working group to explore and propose long-term reforms to the physician fee schedule and make updates to the Medicare Access and CHIP Reauthorization Act.  

“As the health-care system has evolved since the inception of the Medicare program, the physician payment system has failed to keep pace with the actual cost of care and the improvements in new services and technologies. We believe Congress must make changes to the current Medicare physician payment system to ensure financial stability for providers, improve patient outcomes, promote access to quality care, and incentivize the utilization of emerging health-care technology.”  

The Academy is part of a broad physician and non-physician coalition that has been working to ensure that Medicare payments are fair and equitable to providers and keep pace with the increasing costs of practice.  

Learn more from Senate.gov.