The Urgent Need to Reform Medicare's Physician Payment System
Publication Date: December 2006
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): John S. O'Shea
Research Area: Health
Keywords: Health care; Medicare
Type: Report
Coverage: United States
Abstract:
Congress should move toward a defined-contribution system in Medicare, at least for new retirees; reject any regulatory scheme that increases the already heavy regulatory burdens on physicians, including pay-for-performance schemes that would likely be counterproductive; and promote value through price transparency, information, and intensified competition among doctors and other medical professionals.
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