For decades, the Medicare program has provided dependable, high-quality health care to our nation’s elderly and disabled populations. Over time, however, these populations and demographics have changed, the population has aged and health care costs continue to rise. To ensure the program remains for generations to come, we must explore policy solutions that sustain and improve the program.
Partner Spotlights reflect the views of PFM’s partners, not necessarily of PFM.
Last week, the House Ways and Means and Senate Finance Committees each passed bipartisan legislation to repeal and replace Medicare’s flawed sustainable growth rate (SGR) formula. Although the two legislative proposals contain substantive differences, the basic frameworks are aligned. Both would provide greater financial incentives for physician organizations to accept payment for defined populations and for physicians to assume financial risk for treating those populations. Physicians would have new incentives to practice medicine within a defined budget, with requirements for meeting q
The ever-advancing technology geared toward convenience in today’s society make it difficult to imagine that access to anything still remains a problem. However, despite the immense availability of necessary services in urban areas, rural America is still struggling to gain access to these same conveniences, particularly quality healthcare. Rural residents, as opposed to those in urban areas, face far greater challenges accessing quality, affordable healthcare.