Social Security Report

CBO Reduces Expected Cost of SGR Repeal to $153.2B

The Congressional Budget Office has reduced the estimated cost of a House bill that aims to repeal and replace Medicare’s sustainable growth rate from about $175 billion to $153.2 billion from 2014 to 2023. The House Energy and Commerce Committee unanimously approved the bill this past summer. The bill would get rid of the SGR — the formula Medicare uses to determine physician reimbursement rates — as of next year, Read more…

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