Article: Medicare physician payment system changed by Congress.

Medicare Physician Payment System Changed By Congress

WASHINGTON--The Medicare physician payment system will be reformed, beginning with a five-year phase-in on Jan. 1, 1992, under legislation approved by Congress as part of the budget reconciliation conference agreement.

The revision will be based on a three-part package, plus a program of outcomes and effective research. Dollar targets approved by the Ways and Means Committee in the original proposal were dropped by House-Senate conferees.

Insurers are expected to be influenced by reform of the physicians' fee reimbursement system as the federal government is the nation's largest insurer, ...

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