Study: Medicare's plan to simplify payments boosts spending

11/29/2012 | Reuters

Medicare simplified its fee schedule in 2010 and ended up paying about $40 more per beneficiary, by increasing payments to primary care providers and cutting reimbursements for specialist consultations, researchers reported in the Archives of Internal Medicine. The goal was to make family physicians and specialists charge for office visits instead of costlier consults, and data show about $6 of every $10 extra that Medicare spent when to family physicians and the rest to specialists.

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