The U.S. House of Representatives approved (392-37 vote) the Medicare Access and CHIP Reauthorization Act of 2015 (H.R. 2) on March 26th, 2015. It moved to the U.S. Senate, however the Senate failed to bring to a vote legislation to repeal the flawed Medicare Sustainable Growth Rate (SGR) formula before leaving for April recess early this morning. Because the Senate failed to enact permanent SGR repeal legislation before the March 31 deadline and a 21% physician payment cut will take effect April 1, 2015.
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