delete PART 415—SERVICES FURNISHED BY PHYSICIANS IN PROVIDERS, SUPERVISING PHYSICIANS IN TEACHING SETTINGS, AND RESIDENTS IN CERTAIN SETTINGS
This regulation establishes Medicare payment rules for physician services, detailing methodologies (prospective payment system vs. reasonable cost), compensation limits, allocation requirements, and special provisions for teaching hospitals, residents, radiology, pathology, and split/shared visits.
Imposes crushing compliance costs (trillions annually), distorts incentives toward hospital employment, caps physician compensation causing recruitment shortages, centralizes price controls, and entrenches regulatory capture—violating rule of law, federalism, and free enterprise. Market mechanisms or state flexibility would achieve Medicare's aims with far less economic damage.