Physician Election Period for the Competitive Acquisition Program (CAP) Extended Through June 30
Medicare extended the physician election period for the Competitive Acquisition Program (CAP) through June 30, 2006. Physicians who choose to participate must return their completed election forms to their local carrier by mail.
CAP implementation is scheduled for July 1, 2006. Physicians whose completed CAP election forms are postmarked on or before June 2, 2006 will begin participation in the CAP starting on July 1, 2006. Physicians whose completed physician election forms are postmarked on or after June 3, but no later than June 30, 2006, will begin participation in the CAP starting on August 1, 2006. The CAP is a voluntary program.
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