Health Care's Black Friday Sale

Earlier this year, we discussed how the prospects for a permanent fix to the Sustainable Growth Rate formula had improved given CBO's dramatic reduction in its estimate of the cost of a fix. Now the deal has gotten even better as CBO has further reduced its estimate by $21 billion, showing that a permanent doc fix would cost only $116.5 billion over ten years. Similarly, the projected cost of the Energy & Commerce Committee's proposal declined by $22 billion to $153.2 billion over 10 years.