Negotiations surrounding the so-called “fiscal cliff” continue as the 12/31/2012 deadline approaches. The looming “fiscal cliff” encompasses the scheduled expiration of the tax cuts enacted in 2001 and 2003 and an automatic $1.2 trillion in spending cuts to defense and domestic programs. There are growing concerns as to how Medicare beneficiaries and providers will be impacted. The eligibility age for Medicare may increase, premiums for people with high incomes may increase, and/or provider reimbursement may be cut. As of December 27, Republicans and Democrats had not reached a compromise; however the House has been called back to Washington for a session beginning Sunday at midnight. Stay tuned for an update on the last-hour negotiations and the impact on healthcare.