- By law, claims are not paid for 14 days after receipt, so there is a short opportunity for carriers to hold up processing in the hope that Congress acts quickly to avert the cuts retroactive to July 1.
- Physicians can opt out of Medicare for two full years (PDF); however, there is no opportunity at this point for physicians to switch their Medicare status to “nonparticipating.”"
Monday, June 30, 2008
Frankly, we’re not 100-percent sure. There’s a chance the dead Senate bill could come back up after the July 4 recess. We will join AMA and others in working with our entire delegation in Congress, including both of our senators, to seek a quick resolution. I encourage all Texas physicians to contact their senators and representative to urge them to fix the problem before it further affects patient care. We will, of course, continue to press for a long-term solution to the Medicare payment crisis, as outlined in TMA’s Texas Medicare Manifesto. For physicians, the outlook is also murky: