Obama Signs Bill To Delay Medicare Physician Pay Cuts
On Wednesday, President Obama signed into law a bill (HR 4994) that would delay for one year scheduled cuts to physicians' Medicare payments, blocking a 25% payment cut that would have taken effect on Jan. 1, 2011. The bill -- which is estimated to cost $14.9 billion over 10 years -- would extend current Medicare reimbursement rates until 2012.
- "Obama Signs Bill To Delay Medicare Doctor Pay Cuts" (AP/Boston Globe, 12/15).