Doctors' Medicare payments increased 0.5 percent on July 1 under the Sustainable Growth Rate (SGR) formula repeal bill. To replace the SGR, the Medicare Access and CHIP Reauthorization Act of 2015 created an alternative set of annual payment updates.
Physicians received a 0.5-percent increase that remains in effect until the end of this year. From 2016 to 2019, Medicare physician payments will increase 0.5 percent each year. Medicare physician fee-for-service payments will remain at 2019 levels from 2020 to 2025.
The Medicare Access and CHIP Reauthorization Act passed in April. In addition to charting a new path for physician payment, the law contains provisions that protect state liability reforms and ensures the care standards and guidelines in the Affordable Care Act, Medicare, or Medicaid statutes can't be used to create new causes of legal action against physicians.
Action, July 15, 2015
Last Updated On
October 26, 2015