Dr. Hummer: ‘There’s A Flaw In Medicare Funding And Reimbursement’ « CBS Philly
November 21, 2014 11:23 AM
By Chris Stigall
PHILADELPHIA (CBS) — A push among some to repeal Obamacare is not the only repealing that is being urged in the healthcare industry.
Charles “Chip” Hummer III, M.D. told WPHT morning host Chris Stigall that the Medicare system is flawed and needs to be strengthened.
“There’s a flaw in how Medicare is funded and how reimbursement occurs. And it’s been patched over the last 15 years on a reoccurring basis. The problem is those patches have cost more than a fix would cost then and more than fix would cost now. A fix would cost $140 billion the patches have cost $170 Billion.”
Hummer urged Chris and his listeners to contact their respective congressmen and compel them to repeal the Sustainable Growth Rate(SGR), which is the funding mechanism for Medicare reimbursement to physicians, and ICD-10 which the World Health Organization(WHO) defines as “the tenth revision of the International Classification of Diseases “ and he referred to as a ”burdensome costly documentation scheme.”
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