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Medicare's physician payment reform.

R M Lauve1

  • 1Medical School in New Orleans, Louisiana State University.

Physician Executive
|August 7, 1990
PubMed
Summary

The Omnibus Budget Reconciliation Act of 1989 introduced Physician Payment Reform, amending Medicare Part B. This analysis examines the economic impacts of Section 1848 on healthcare payers, providers, and consumers.

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Area of Science:

  • Health Policy
  • Healthcare Economics
  • Medical Law

Background:

  • The Omnibus Budget Reconciliation Act (OBRA) of 1989 incorporated significant legislation within a budget act.
  • Physician Payment Reform was a key component, amending Medicare Part B of the Social Security Act.

Purpose of the Study:

  • To review the primary components of the OBRA '89 Physician Payment Reform.
  • To analyze the economic consequences of Section 1848 for various healthcare stakeholders.

Main Methods:

  • Review of legislative text from the Omnibus Budget Reconciliation Act of 1989.
  • Economic analysis of the impacts of Section 1848 on healthcare markets.

Main Results:

  • The Physician Payment Reform introduced substantial changes to Medicare Part B.
  • The reform's economic effects on payers, providers, and consumers were analyzed.

Conclusions:

  • OBRA '89's Physician Payment Reform significantly altered the healthcare landscape.
  • Understanding the economic ramifications for all stakeholders is crucial for navigating these changes.

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