Meeting Archive:
Understanding Your Medicare Choices: Preparing for the 2011 Medicare Participation Decision

Meeting Description:

By the end of this year, physicians need to decide what kind of relationship they will have with the Medicare program in 2011. The decisions physicians make will be binding throughout 2011, even when faced with the threat of steep Medicare paycuts, threats that occurred multiple times in 2010. With Congress back in session this November, and looming Medicare cuts of nearly 30 percent slated to be imposed by January 1, this year’s Medicare participation decision period arrives at a time of tremendous uncertainty for physicians and patients.

During this American Medical Association (AMA) webinar, physicians will learn about their various Medicare choices: participation in Medicare, nonparticipation in Medicare, or opting out of Medicare and privately contracting with patients. AMA President Cecil B. Wilson, MD, and AMA Advocacy staff, will describe the advantages and disadvantages of each option, and walk attendees through an example of how payments are calculated under each option. In addition, participants will be introduced to a series of resources that help physicians gauge which Medicare option is right for their practice, such as a worksheet that calculates the revenue impact of changing from participating to nonparticipating status, and sample communications physicians can use when explaining their Medicare status to patients. Government-proposed 2011 Medicare physician payment policy changes will also be discussed.

Date: Wed, Oct 27, 2010
Time: 07:00 PM EDT
Duration: 1 hour
Host(s): AMA Advocacy
 Presenter Information
Cecil B. Wilson, MD
Speaker Photo

AMA President