A committee of the American Medical Association decides how
much Medicare should reimburse them and their colleagues for their services and
medical procedures. This is done by determining the “value” of a procedure
using a methodology that dramatically over-calculates the time each service
will take. The result is that specialists can fit anywhere from 16 to 50
procedure hours into a regular 8-hour day. They are thus receiving two to six
times the amount of Medicare and insurance reimbursement permitted for any
given outpatient surgical procedure. Why is this done? Presumably to make
doctor’s fees paid by Medicare
appear smaller than they really are.
AMA price fixing is one of the reasons the healthcare system
is bankrupting all of us. Medicare itself will be insolvent by 2026. Contact your
representative in the House and ask him or her to end the AMA monopoly on
pricing within the Medicare system. Explain that the bill currently before the
Energy and Commerce Committee will not fix the situation. Tell Congress that
the AMA’s price-fixing system must be done away with, and that any
recommendations the AMA makes regarding the value of services must be must be
just that—recommendations—and must be transparent and open to the public.
Please personalize and add your own comments if you have the time!
Please End the AMA Monopoly on Pricing within the Medicare System!
Dear [Decision Maker],
Sincerely,[Your Name] [Your Address] [City, State ZIP]