Accelerated Medical Practice Blog

Although the Senate has approved delaying the crippling 27.4% Medicare reimbursement cut until March 1, 2012, House leaders have stated their intention to defeat the two-month Senate bill in favor of a longer term solution. Congress still has much work to do to come up with a feasible and permanent fix to the sustainable growth rate (SGR) formula.

Every year, physicians start to sweat when the Centers for Medicare and Medicaid (CMS) releases the final rule on the Medicare Physician Fee Schedule (MPFS) reflecting the financial impact the Standard Growth Rate (SGR) adjustment will have on their business in the upcoming year. 

The Kaiser Family Foundation published their annual health insurance survey at the end of September.  The results were astounding. Last year, the average premium increase for family plans was 9%, with employer sponsored plans costing an average of $15,000 per family.