Medicare payments to doctors are scheduled to be slashed by almost 30 percent in January unless Congress does something to stop that from happening. A new poll of Texas doctors shows that half of them would stop taking Medicare patients if the cuts take effect.
Medicare is a federal program that provides health insurance to about 47 million people over the age of 65. It also costs taxpayers $452 billion a year.
“Our Medicare patients are like family to us, but most doctors in Texas run small businesses,” former Texas Medical Association (TMA) president Sue Bailey told KUT News. “We have employees to pay. We have rents and utilities to pay just like any small business.”