House GOP revises plan to permanently fix Medicare cuts

Republican lawmakers on Wednesday updated their plan to repeal Medicare's sustainable growth rate (SGR) formula and replace it with efforts to reward providers for delivering high-value, efficient care. Based on stakeholder input, the second draft includes a period of stable payment updates and applies evidence- and specialty-based measures to determine quality and efficiency. The new proposal provides "further clarity" on the bipartisan legislation introduced in February to permanently repeal the SRG and attempts to avoid a "one-size-fits-all" approach, leaders of the House Energy and Commerce Committee and Ways and Means Committee said in a letter to providers. Letter (.pdf)