Record of Society of Actuaries

MR. WILLIAM J. LONDON: I am an actuary with the Health Care Financing Administration (HCFA), and we also have Richard Swift from Aetna, and Woody McDonald from Tillinghast. We're going to discuss the Medicare physician fee schedule and the Medicare volume performance standards, which are the expenditure targets for Medicare, and alsothe other part of physician payment reform or balance billing limits.