Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

The big health wonk news in today’s Medicare report

The headline coming out of today’s Medicare Trustees’ report is that, due to the health care spending slowdown, the insurance program’s trust fund will now last until 2030, four years longer than last year’s projection.

But there’s a nugget buried in the report that will be especially interesting to the health wonk crowd: it seems that, for the first time ever, Medicare is assuming that Congress passes a doc-fix.

For 12 years now, the formula that Congress uses to pay Medicare doctors has fallen short of keeping doctor salaries steady. So every year (and sometimes multiple times per year) Congress passes a “doc-fix:” a funding patch to keep physician salaries even, or given them a slight boost.

In previous Medicare Trustees’ reports, the authors would never assume that they would pass this fix — they would only operate on the baseline of what law is standing right now (that would be the law that funds doctors at a lower rate). After 12 years of watching doc-fixes pass and pass again, the group has changed its stance.

“Because the physician payment reduction required by current law has been overriden for 12 consecutive years, the Trustees decided for the 2014 report to emphasize that projections reflect the current practice of modest payment increases in the physician fee schedule,” they write.

In other words: the Medicare Trustees’ are acknowledging that our haphazard way of funding doctor salaries, with short-term payments, is likely here to stay.

See More:

More in archives

archives
Ethics and Guidelines at Vox.comEthics and Guidelines at Vox.com
archives
By Vox Staff
Supreme Court
The Supreme Court will decide if the government can ban transgender health careThe Supreme Court will decide if the government can ban transgender health care
Supreme Court

Given the Court’s Republican supermajority, this case is unlikely to end well for trans people.

By Ian Millhiser
archives
On the MoneyOn the Money
archives

Learn about saving, spending, investing, and more in a monthly personal finance advice column written by Nicole Dieker.

By Vox Staff
archives
Total solar eclipse passes over USTotal solar eclipse passes over US
archives
By Vox Staff
archives
The 2024 Iowa caucusesThe 2024 Iowa caucuses
archives

The latest news, analysis, and explainers coming out of the GOP Iowa caucuses.

By Vox Staff
archives
The Big SqueezeThe Big Squeeze
archives

The economy’s stacked against us.

By Vox Staff