This same issue has come up year after year for over a decade. Congress talks every year about the urgent need to cut spending. When the time comes to make cuts, many congressmen decide against these cuts as they know how negatively it will affect Physicians across the country and many Seniors, who incidentaly, are voters.
Physicians and the AMA, American Medical Association, have warned for years that any such cuts will have a devastating effect on Medical and the ability of Seniors to obtain care, as well as the ability of future Seniors to obtain care and find a physician that will treat them.
In addition, this will also affect Physicians, as their short term cash flow will be impacted, forcing significant numbers of physicians to seek outside financing.
Will the Reimbursement rate be cut or will the same levels of funding continue? It is probably a safe bet that while there will be a lot of talk about the need to make cuts, in the end, the cuts will not occur and no politician wants to campaign for re-election with a target on their back as being one in the first group of politicians that finally, and significantly cut Medicare.