Medicare Physician Payment

Overview of Medicare Physician Payment

On April 16, 2015, the Medicare Access and CHIP Reauthorization Act (MACRA) was signed into law. This law repeals the flawed sustainable growth rate formula that plagued Medicare physician payment for more than a decade and ensures that physicians receive stable and appropriate compensation for the services they provide to Medicare beneficiaries. Now physicians can focus on caring for their patients, and their patients can rest assured that care will not be interrupted.

Medicare beneficiaries comprise one out of four patients in a typical family physician’s practice; for some, elderly and disabled patients constitute six out of 10 of their patients. These individuals depend on their family physicians for preventing illness, treating problems if they do arise, coordinating with other health care team members, and ensuring the right treatment from the right professional at the right time. By passing MACRA, Congress has ensured uninterrupted health access security to their elderly and disabled constituents.

Recent AAFP Communications

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