Updates from OLAG Virtual Meeting - August 2022

Drs. Prem Subramanian, Andrew Lee, and Barbara Yates attended the Ophthalmic Leadership Advocacy Group (OLAG) virtual meeting to discuss upcoming changes to the 2023 Medicare Physician Fee Schedule. One of the overarching concerns that permeated the discussion was that physician repayments are not increasing at the same rate as other facets of our healthcare industry in the United States. This rate is not aligned with the reality of inflation, staff shortages and inherent rising costs we are facing. While physician income comprises only 8% of the total cost of the US healthcare budget, the “budget neutral” system established hurts physicians disproportionately. The current slope of physician payment should concern all physicians and the AAO is positioned to encourage reform with our legislators.

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