Sustainable Growth Rate (SGR) Repeal and Replacement Legislation to be Introduced Soon; Congressional Budget Office (CBO) Increases Cost of Repeal to $131 Billion 
Speaking at an event at the Brookings Institution this week, Rep. Michael Burgess, MD (R-TX), stated that he expected to introduce legislation to repeal and replace the SGR. The bill is expected to be similar to the bipartisan, bicameral SGR Repeal and Medicare Provider Payment Modernization Act introduced in the last Congress, which was supported by ASCRS•ASOA and the entire medical community. The only changes Rep. Burgess expects to the legislation are technical such as updating dates and modifying the misvalued codes section, which was altered and used to off-set the cost of the current short term “patch” to the SGR.
Also this week, the CBO released a new Budget and Economic Outlook  covering 2015 through 2025 that included a revised cost estimate for a repeal of the SGR of $131 billion. The CBO’s previous cost estimate of repeal in November 2014 was $119 billion. The increased cost is due to expected price inflation in 2025.
We will keep you updated.