News

A deal has reportedly been reached between the leadership of the House of Representatives and the Senate regarding the fate of H.R. 3630, the "Middle Class Tax Relief and Job Creation Act." The deal would avert the 27.4% Medicare Sustainable Growth Rate (SGR) cut previously scheduled for January 1, 2012. The House of Representatives has agreed to the Senate request to extend the payroll tax deadline by two months until February 28, 2012 and in return the Senate has agreed to the House request to appoint conferees to work out the differences between the two chambers' versions of H.R. 3630.

 

This means that SGR rates will remain unchanged through January and February of 2012 pending further resolution through additional compromise between the House and Senate conferees over the legislative differences in H.R. 3630. ASA supports this compromise as good news as it will avert an immediate 27.4% SGR cut.

 

Happy Holidays...Ken

 

Kenneth Elmassian, D.O., Director
American Society of Anesthesiologists
President, Michigan Society of Anesthesiologists
heartgas@comcast.net
www.drkennethelmassian.com

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