The Urgent Need to Reform Medicare's Physician Payment System
The 5.1 percent reduction in Medicare payments scheduled to begin in January 2007 could lead many physicians to stop accepting new Medicare patients, to defer investments in new equipment and technolÂogy, or both. These problems are merely symptoms of a deeper pathology within Medicare and highlight the need for Congress to adopt comprehensive Medicare reform. Without congressional action to reform this profoundly flawed system, America's seniors could face a decline in access to high-quality health care.