Overriding Medicare Doctor Pay Cuts Will Cost $18.5B: CBO

Law360, New York (August 2, 2012, 6:32 PM EDT) -- Pushing back planned cuts to Medicare doctor payment rates for another year will cost $18.5 billion over the next 10 years, and repealing the sustainable growth rate altogether would cost up to $376.6 million, according to new estimates released Monday by the Congressional Budget Office.

Under the sustainable growth rate, or SGR, which ties physician payment increases to the economy at large, doctor payment rates are due to drop 27 percent at the end of the year. Congress has never allowed the SGR to cut the...
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