Effect of Decreasing Medicare Reimbursement Rates on Cataract Surgeries

What if Medicare spends reimburses physicians too generously for a certain service. Will reducing reimbursement for that service decrease utilization and cost? A study by Mitchell, Hadley and Gaskin (2002) attempts to answer this question by examining the impact of changing Medicare reimbursement for cataract surgeries.  Between 1992 and 1994, Medicare decreased fees paid for…