House members hope time is right to repeal Medicare payment formula

February 10, 2013 — Medicare reimbursement for providers, including doctors of chiropractic, has long been subject to the Sustainable Growth Rate formula (SGR) and continued calls for rate cuts.

To avoid the cuts, Congress has enacted a series of temporary payment delays over the past decade to push back the deadline (most recently a postponement of cuts until Jan. 1, 2014). However, change may be on its way. ACA  has learned that a bipartisan group of House members is floating plans intended to repeal the controversial SGR formula and institute a system that would not depend on Capitol Hill’s annual ritual of delaying cuts.

ACA will remain involved in negotiations as various plans begin to ripen, and continue to advocate for the system that best serves members and their patients.

Source: American Chiropractic Association, acatoday.org