Many physicians threaten to “opt-out” of Medicare if reimbursement gets squeezed further. It may not be that easy:
I frequently get calls from providers frustrated by the payment procedures and reimbursement rates. Many of these providers request information regarding the Medicare Opt-Out procedure. However, while opting out of Medicare may seem like a quick and easy fix, properly opting out is a tedious process that requires the submission of affidavits, appropriate notification to beneficiaries, entering into private contracts with beneficiaries and taking steps to maintain the opt-out status.
