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Monday, March 16, 2015

Is the Medicare SGR a Goner?

News reports at least partially confirmed by our Capitol Hill sources say a bipartisan plan by U.S. House of Representatives leaders to repeal Medicare’s Sustainable Growth Rate (SGR) formula is picking up steam. The package reportedly would repeal the SGR, replace it with the proposal U.S. Reps. Michael Burgess, MD (R-Lewisville), and Kevin Brady (R-The Woodlands) worked out in 2013, and extend funding for the Children’s Health Insurance Program for two years. A bill to accomplish all of this is expected to be introduced this week. With House Speaker John Boehner and Minority Leader Nancy Pelosi supposedly behind it, the bill stands a good chance in the House. Questions remain on how to pay for the package, how the Senate and White House will respond, and whether anything can happen before physicians’ Medicare payment rates are scheduled to be cut by 22.4 percent on April 1.

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