The slow-motion SGR train wreck

The debt deal is a piece of crap. At least part of it…

Raise your hand if you know what the SGR is. Okay, I’ll explain. Back in the ’90s, Congress decided to limit the growth of Medicare physician reimbursement through something called the Sustainable Growth Rate formula. Essentially, if reimbursement costs outpace estimates provided under the formula, physician pay is cut the following year to compensate. Continue reading