The Obama administration is considering whether to close an industry loophole that lets private companies keep paying doctors, nurses and other health professionals more than their regular Medicare payments.
The White House on Monday unveiled a plan to limit the payments to workers earning at least $50,000 annually.
It would also require those who work for large companies to receive a pay increase for the same position.
The Centers for Medicare and Medicaid Services said it’s considering whether the government should close a loophole in which employers can pay medical professionals more for the services they provide than their employers would pay.
The rule change would mean the government would stop reimbursing medical providers for the additional costs they are willing to pay.
That would have a devastating impact on many workers and the ability of small and medium-sized businesses to compete with big businesses for jobs, the Obama administration said in a statement.
President Barack Obama and Vice President Joe Biden are holding a meeting Monday with U.S. healthcare workers to discuss the opioid crisis and the opioid epidemic, according to a White House official.
The official spoke on condition of anonymity because the meeting was private.
The White House says the meeting is expected to include health care professionals and representatives from other sectors.