FORT WORTH (AP) – A new Texas Medical Association survey finds that half of Texas physicians would consider dropping the Medicare program if Congress allows the deep cuts planned in reimbursement payments.
Association President Dr. Bruce Malone says that would mean more elderly people would lose their doctor and have a harder time finding a new one.READ MORE: Texas Legislature Could Make COVID-19 Liability Lawsuits Harder To Win
The group wants federal lawmakers to fix the payment formula so it doesn’t end up penalizing doctors financially.
The Fort Worth Star-Telegram reports that physicians will see a 29.6 percent cut in reimbursements starting Jan. 1 if Congress doesn’t act.READ MORE: 2 Suspects In Custody And Hospitalized Following Chase, Shootout In Johnson County
Malone says physicians love their Medicare patients but they can’t afford to continue to care for them if Medicare doesn’t cover the cost of doing so.
Most people become eligible for Medicare when they turn 65.MORE NEWS: I-Team: 3 Ways To Avoid Becoming Victim Of Savvy, Sophisticated Scams
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