WASHINGTON. D.C. – Today, the House of Representatives passed H.R. 2 – the Medicare Access and CHIP Reauthorization Act – a bipartisan bill to strengthen Medicare and establish the most significant structural entitlement reform in nearly two decades:
“Today, the House demonstrated its ability to effectively govern by reversing an 11-year trend of kicking the can down the road and offering short patches instead of dealing with the underlying problems with the Sustainable Growth Rate’ or SGR. A promise made is a promise kept to our seniors; and, today the House took an important step to protect and preserve Medicare for current and future beneficiaries.
The nonpartisan Congressional Budget Office (CBO) estimates that H.R. 2 will save $900 million over 10 years by finally overhauling this flawed formula and replacing it with a more patient-centered system. These real, structural reforms will ensure access to quality care for Granite State seniors; and, I look forward to the Senate passing this overwhelmingly bipartisan bill to finally provide certainty for our seniors.”
Congress had voted 17 times in the past 11 years to approve a “doc fix,” a stop-gap measure that delays cuts in Medicare reimbursements to physicians.
H.R. 2 passed the House of Representatives with a vote of 392-37
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