House attempts surgery on Medicare payment system for doctors

March 28, 2015 4:06 AM

14 0

WASHINGTON, D.C. - House Speaker John Boehner and Democratic Leader Nancy Pelosi have finally found something they can agree on - the fact that Medicare's payment system for doctors is on life-support and needs major legislative surgery.

The so-called "sustainable growth rate" or "SGR" payment system stopped working years ago, when the cost of providing health care to a rapidly expanding cadre of retirees grew much faster than the economy as a whole.

Also read: Tourists at French abbey evacuated after threat

Read more

To category page