Medicare Access and CHIP Reauthorization Act of 2015
The MACRA repeals the flawed Medicare sustainable growth rate (SGR) formula that calculates payment rates to physicians. The legislation establishes an alternative set of annual payment updates to replace the SGR:
- July-December 2015: Medicare physician payments would remain at the pre-April 1, 2015, level
- 2016-19: Medicare physician payments would increase 0.5% each year
- 2020-25: Medicare physician fee-for-service payments would remain at 2019 levels
For additional help, access other MACRA resources.