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Bush vetoes. UPDATE: Congress overrides7/15/2008 © Florida Health News Florida doctors say such a steep cut will be a calamity if it’s in effect for long, because the state has the highest percentage of Medicare patients in the nation. The American Medical Association has estimated that the average Florida physician who treats Medicare patients would lose $25,000 in income next year if the pay cut stands.
Bush and Republican members of Congress, including Sen. Mel Martinez of Florida, have said they want to kill the pay cut but don't like the rest of the Medicare bill, especially the reduction in payments for certain Medicare Advantage plans. They say enrollees in such plans, which actuaries say cost taxpayers an average of 12 percent more than traditional Medicare, offer many benefits to their members, especially low-income seniors. "I support the primary objective of this legislation, to forestall reductions in physician payments," Bush said in a statement. "Yet taking choices away from seniors to pay physicians is wrong." Both chambers of Congress were expected to move quickly to try to override the veto, with the House tackling it first. The health insurance industry was lobbying to uphold the veto, while medical groups and the AARP have been pushing to override. The rate cut is based on a formula that cuts doctors' pay when overall Medicare spending levels exceed certain targets. The bill that Bush vetoed would keep rates stable for the rest of the 2008 and raise them 1.1 percent next year. Questions? Contact Carol Gentry at 727-410-3266 or Carol.Gentry@FloridaHealthNews.org. |
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