- The Honorable Charles Schumer
Majority Leader
United States Senate
S-221, The Capitol
Washington, DC 20510 - The Honorable Mitch McConnell
Minority Leader
United States Senate
S-230, The Capitol
Washington, DC 20510 - The Honorable Mike Johnson
Speaker
United States House of Representatives
H-232, The Capitol
Washington, DC 20515 - The Honorable Hakeem Jeffries
Minority Leader
United States House of Representatives
H-204, The Capitol
Washington, DC 20515
Dear Majority Leader Schumer, Minority Leader McConnell, Speaker Johnson, and Minority Leader Jeffries:
The undersigned national medical organizations and state medical societies write to strongly urge Congress to quickly pass legislation to stop another impending round of Medicare payment cuts. Absent Congressional intervention, physicians are facing a 3.37 percent payment reduction on January 1, 2024.
The combination of ever-increasing practice costs and long stagnated Medicare payment rates has become unsustainable. When adjusted for inflation in practice costs, Medicare physician pay has declined 26 percent from 2001 to 2023. The Centers for Medicare and Medicaid Services (CMS) recently acknowledged that the cost of running a practice will increase 4.6 percent in 2024, yet physicians are being subjected to a 3.37 percent cut next year.
Click here to view the full Neurosurgery Calls on Congress to Halt Medicare Cuts.