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SGR Permanent Fix Bill Filed in Congress
HealthLeaders Media

Congress on Thursday unveiled its latest attempt to provide a permanent fix to the widely reviled Sustainable Growth Rate funding formula that, if approved, would avert a 21% cut in Medicare reimbursements for physicians at the end of the month.

The sweeping package repeals the SGR and adds an automatic 0.5% payment update each year for five years. Proponents say it will stabilize Medicare payments to physicians. The bill also extends the Children’s Health Insurance Program another two years.