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AMA News Room

Feb. 5, 2013

AMA: New CBO Score Shows Now is the Time to Eliminate SGR

For immediate release:
Feb. 5, 2013

Statement attributable to:
Jeremy A. Lazarus, MD
President, American Medical Association

“We welcome the news from the CBO that the cost of permanently replacing the flawed Medicare physician payment formula, known as SGR, has decreased dramatically. The new cost of freezing payments for ten years is $138 billion, more than $100 billion less than the previous projection. The rate of Medicare spending growth declined compared to historical trends, and spending for physician services affected by the SGR is projected to be far less than previously estimated.

“Now is the time to end this failed policy once and for all and protect access to care for seniors now and in the future. We urge Congress and the administration to take advantage of the fact that the cost of repealing the SGR is lower than it has been in many years and move promptly to replace the formula with a new system that encourages quality care while reducing costs.”

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Contact:

Heather Lasher Todd
AMA Media Relations
202-789-7430
Heather.Lasher.Todd@ama-assn.org

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