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MADISON (April 15, 2015) – The Wisconsin Medical Society today applauded members of Wisconsin’s congressional delegation for their support of H.R. 2, the “Medicare Access and CHIP Reauthorization Act” (MACRA), which repeals Medicare’s flawed sustainable growth rate (SGR) formula.
The bill, which the Senate passed 92-8 last night, prevents a 21 percent cut to physician Medicare reimbursement and paves the way for health care payment and delivery models that reward value instead of volume.
“This is something the Society and literally hundreds of other medical groups, including the American Medical Association, have worked toward tirelessly for more than a decade. Now we can look forward to moving toward a system that promotes high-quality care while reducing costs—without the annual threat of payment cuts,” said Society President Richard A. Dart, MD. “Wisconsin physicians are well positioned to take advantage of this new stability, and the payment and delivery models included in the bill.”
President Obama has said he will sign the bill, which had strong bipartisan support in both the U.S. Senate and the House of Representatives, as well as the support of medical groups across the country.
“We are thrilled that Congress has finally put an end to the annual cycle of kicking the can down the road by adopting patches rather than resolving the root problem. H.R. 2 takes a balanced approach that promotes the long-term sustainability of the Medicare program,” said Molli Rolli, MD, chair of the Society’s Board of Directors. “We are very grateful to our own Senators Tammy Baldwin and Ron Johnson, as well as U.S. Representatives Sean Duffy, Ron Kind, Gwen Moore, Mark Pocan, Reid Ribble and Paul Ryan, who all supported this landmark legislation; and we look forward to the positive changes we believe will result from their action.”
With more than 12,500 members dedicated to the best interests of their patients, the Wisconsin Medical Society is the largest association of medical doctors in the state and a trusted source for health policy leadership since 1841.