Obama Open To Using MedPAC To Set Medicare Payment Rates

As the administration searches for ways to pay for health care reform and restrain medical costs, President Obama suggested Wednesday that he would consider transferring the power to set Medicare reimbursement rates from Congress to the independent advisory agency known as MedPAC, MedPage Today reports. The move reflects legislation introduced by Sen. Jay Rockefeller, D-W.Va.

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Filed under: Medicare / Medicaid / Tricare on June 5th, 2009