AMA Statement on Annual Medicare Board of Trustees Report

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For immediate release:
July 29, 2014

Statement attributed to:

President, American Medical Association

"The American Medical Association is encouraged by the Medicare Board of Trustees decision to assume that future cuts under the Sustainable Growth Rate (SGR) formula, including the scheduled 20.8 percent in 2015, will not go into effect as noted in its annual report released yesterday.

"The assumption supports the fact that the failed SGR policy paints a false picture of Medicare finances and underlines the need for Congress to pass a permanent solution to this flawed policy this year.

"The temporary SGR patches that Congress has passed over the last twelve years are fiscally irresponsible, and have impeded the implementation of new health care delivery and payment reforms that would benefit patients and taxpayers by improving the quality of care and increasing efficiencies in the Medicare program.

"The AMA continues to urge Congress to enact the bipartisan Medicare payment reform legislation supported unanimously by the three committees of jurisdiction earlier this year."

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