Tennessee Senator Opposes Bill to Fix Medicare Reimbursement Problem
October 21, 2009
Senator Bob Corker, R-Tenn., is opposing legislation to permanently adjust the Medicare payment formula for physicians, saying it would cost nearly $250 billion over 10 years, according to a report by the New York Times.
But Sen. Corker indicated that he would favor temporarily setting aside the so-called sustainable growth rate formula to avert cutting physicians' reimbursements by 25 percent this year, an action that Congress has taken every year since the SGR went into effect.
The AMA, which supports the bill, S. 1776, to permanently remove the SGR, responded that AARP and the Military Officers Association of America also support the bill.
Read the New York Times report on the sustainable growth rate.
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