Congressional Budget Office Cost Estimate Of S. 1871, SGR Repeal & Medicare Beneficiary Improvement Act Of 2013

The Congressional Budget Office analyzed S. 1871, SGR Repeal & Medicare Beneficiary Improvement Act Of 2013. S. 1871 would replace the Sustainable Growth Rate (SGR) formula, which determines the annual updates to Medicare’s payment rates for physician services, with new systems for establishing those payment rates. The legislation would also extend a number of health care and human services programs and provisions that would otherwise expire; and makes other modifications to Medicare, Medicaid, the Children’s Health Insurance Program, and several human services programs. CBO estimates that enacting S. 1871 would increase direct spending by $150.4 billion over . . .