Medicare Beneficiary Protection Act of 1992

Medicare Beneficiary Protection Act of 1992 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to require the Secretary of Health and Human Services to: (1) provide that an individual enrolled under such part shall not be liable for physicians' charges in excess of authorized amounts; (2) provide pre-payment screening of nonparticipating physician claims; (3) require nonparticipating physicians to refund excess charges; (4) refer for sanctions any physicians who fail to make refunds; (5) send information on limiting charges and limited liability for excess charges to individuals enrolled under Medicare part B; (6) report annually to the Congress on charges in excess of authorized amounts; (7) provide for payment to Medicare beneficiaries, out of civil monetary penalties, of amounts charged in excess of limiting charges; and (8) establish a Medicare Beneficiary Advisory Council.