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HCFA PUBLISHES FINAL RULES ON MEDICARE PHYSICIAN PAYMENT REFORM; SYSTEM TO BE IMPLEMENTED IN JANUARY 1992

 HCFA PUBLISHES FINAL RULES ON MEDICARE PHYSICIAN PAYMENT REFORM;
 SYSTEM TO BE IMPLEMENTED IN JANUARY 1992
 The Health Care Financing Administration (HCFA) has just released a comprehensive package of final regulations concerning a new system for physician services provided to Medicare beneficiaries. Scheduled to be implemented in January 1992, the system is designed to control the total amount that Medicare pays for physician services as well as redistribute payments among physicians.
 By redistributing physician payments and controlling total expenditures, HCFA intends to manage Medicare payments for physician services more effectively than in the past. As has been generally true with other Medicare cost containment measures, the new physician payment system may help control Medicare's costs but, as a result, may increase costs for private payers, including employer-sponsored active and retiree health plans.
 Coopers & Lybrand experts are available to discuss the impending system and actions employers should consider to minimize unnecessary costs.
 Please call to arrange an interview.
 CONTACT: Amy J. Goldberger of Coopers & Lybrand, 212-536-3256.
 -0- 11/27/91


CO: Coopers & Lybrand; Health Care Financing Administration ST: New York IN: HEA SU:

GK-OS -- NY011 -- 7682 11/27/91 10:36 EST
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Publication:PR Newswire
Date:Nov 27, 1991
Words:191
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