[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.rizklaw.com\/blog\/bill-shows-bipartisan-support-for-medicare-fix\/#BlogPosting","mainEntityOfPage":"https:\/\/www.rizklaw.com\/blog\/bill-shows-bipartisan-support-for-medicare-fix\/","headline":"Bill Shows Bipartisan Support for Medicare Fix","name":"Bill Shows Bipartisan Support for Medicare Fix","description":"On December 12, 2013, the Senate Finance Committee joined the House Ways and Means Committee in passing legislation correcting a decade-long problem that has created uncertainty for millions of Medicare providers and patients by repealing a broken payment formula and replacing it with a smarter approach that rewards quality health care over quantity. Yearly Temporary...","datePublished":"2014-01-12","dateModified":"2024-05-22","author":{"@type":"Person","@id":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/#Person","name":"Rizk Law","url":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/","identifier":9,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Rizk Law","logo":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","width":278,"height":65}},"image":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","width":383,"height":427},"url":"https:\/\/www.rizklaw.com\/blog\/bill-shows-bipartisan-support-for-medicare-fix\/","about":["Insurance Issues"],"wordCount":258,"articleBody":"On December 12, 2013, the Senate Finance Committee joined the House Ways and Means Committee in passing legislation correcting a decade-long problem that has created uncertainty for millions of Medicare providers and patients by repealing a broken payment formula and replacing it with a smarter approach that rewards quality health care over quantity.Yearly Temporary FixesSince 2002, the Sustainable Growth Rate (SGR) formula has threatened to make draconian cuts to physician payments \u2013 cuts that could cause seniors to lose access to their doctors. Every year, Congress has had to spend more time and money to pass temporary fixes called \u201cextenders.\u201dPermanent SolutionPassage of December\u2019s bill shows overwhelming bipartisan support to repeal the broken SGR payment formula and replace it with a smarter approach that rewards quality health care over quantity.The legislation is aimed at:Repealing the SGR update mechanism and tying payments to quality and efficiencyImproving the fee-for-service system by streamlining Medicare\u2019s existing web of quality programs into one value-based performance programEnsuring accurate payments for services, and encouraging physicians to adopt proven practicesIncentivizing movement to alternative payment models to encourage doctors and providers to focus more on coordination and prevention, to improve quality and reduce costsMaking Medicare more transparent by giving patients more access to information and doctors data that they can use to improve careAs this legislation moves out of Committee and onto the floor, legislators need to continue to work together to ensure that this smart policy becomes law and it doesn\u2019t add to the nation\u2019s debt."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.rizklaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Bill Shows Bipartisan Support for Medicare Fix","item":"https:\/\/www.rizklaw.com\/blog\/bill-shows-bipartisan-support-for-medicare-fix\/#breadcrumbitem"}]}]