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AMA Statement on House Vote to Remove Three Percent Withholding

For immediate release:
Nov. 17, 2011

Statement attributable to:
Peter W. Carmel, MD
President, American Medical Association

On November 16, the House of Representatives passed H.R. 674, which will remove the three percent withholding provision that was originally created under the Tax Increase Prevention and Reconciliation Act of 2005. The Senate passed this legislation last week.
 
Statement attributable to AMA President Peter W. Carmel, M.D.

"The AMA applauds Congress for passing this important piece of legislation that removes the three percent withholding provision that would have burdened physicians who care for Medicare patients. This is an important step forward, but more work still needs to be done on Medicare. Physicians who care for Medicare patients face a drastic 27 percent cut on January 1 due to the broken Medicare physician payment formula. The time is now for Congress to fix this formula. Physicians and their Medicare patients deserve better.”

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Media Contact:
Liz Magsig
AMA Media Relations
(202) 789-7419
Elizabeth.Magsig@ama-assn.org

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