CBO projects additional costs to current SGR repeal bill

Legislation to repeal the Sustainable Growth Rate physician payment formula will add a further $42 billion in costs because of new language that delays the Affordable Care Act's individual mandate, according to the Congressional Budget Office (CBO). The CBO predicts that the delay of penalties against individuals who don't obtain insurance would mean 13 million more Americans would lack insurance by 2018. The CBO has yet to explore how such a development would impact hospitals. Read the full article at FierceHealthcare

 

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