Doctors said it was absurd for Medicare to cut their fees at a time when their costs were rising. The effects of such cuts will be compounded, they said, because many private insurers and some state Medicaid programs link their payment rates to the Medicare fee schedule. Dr. Duane M. Cady, chairman of the American Medical Association, said: "Physicians cannot absorb the pending draconian cuts. A recent A.M.A. survey indicates that if the cuts begin on Jan. 1, more than one-third of physicians would decrease the number of new Medicare patients they accept."
Doctors Objecting to Planned Cut in Medicare Fees - New York Times
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