MedPAC Proposes Linking the Physician Fee Schedule to the Medicare Economic Index

On March 13, 2025, the Medicare Payment Advisory Commission (MedPAC) released its March 2025 Report to Congress. The report examined the adequacy of fee-for-service (FFS) Medicare reimbursement for a number of medical professions, including the physician fee schedule (PFS). Regarding the PFS, MedPAC found that, since 2000, the PFS has only increased by 14 percent, significantly less than the 51 p