The House Energy and Commerce Committee, in collaboration with the Ways and Means Committee and the GOP Doctors Caucus, unveiled a legislative framework today to repeal the current Sustainable Growth Rate. The draft legislation is an important advancement in efforts towards reforming the system and replaceing it with a fair and stable Medicare physician payment formula.
"Repealing the flawed Medicare physician payment formula and enacting a permanent solution has been a top priority of the GOP Doctors Caucus," Gingrey said. "This is a major step towards securing a fiscally-responsible, permanent fix that promotes quality care while providing physicians with certainty and security. Our seniors cannot afford further delay, and the time for action--and results--is now."