Cost of one-year SGR fix increases by $7 billion, CBO says

12/3/2012 | American Medical News (free content)

The Congressional Budget Office said a one-year fix of Medicare's sustainable growth rate formula for 2013, to stop a 26.5% physician pay cut, will cost $25 billion, $7 billion more than earlier estimated. AAFP President Jeffrey Cain, M.D., said the SGR cut, combined with a 2% reduction in Medicare payments, would "devastate family physicians' ability to care for elderly and disabled Americans" because it also will lead to losses in Medicaid and private insurance.

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