SGR One Month Fix Passed; A “Kick the Can” Approach
This afternoon, the House of Representatives, by voice vote, passed the bill, (HR 5712) that provides for a one month delay in the 23 percent cut in payment rates that otherwise would have taken effect on December 1st. Recall that the bill passed the Senate before the Thanksgiving recess.
While some Congressional leaders want to permanently fix the SGR, the costs to do so remain a big obstacle. As an example, the costs to fix this for one year are about $19 billion. The next deadline before the cuts take place is January 1st. Whether the Congress deals with this issue before they adjourn, or the next new Congress deals with it (retroactively) remains to be seen.