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“Providing a permanent solution to the broken SGR formula is vital to ensuring that seniors continue to have access to high quality care,” said Rep. Dave Camp, chairman of the House Ways and Means Committee. “Creating a policy that rewards providers for delivering high quality, efficient health care is the ultimate goal, and this draft brings us one step closer to that reality.”

However, the committee aide said there is no timeline for action on the plan and the draft proposal doesn’t include a way to pay for the fix.

The proposal would freeze doctors’ current payment levels for 10 years while allowing physicians to earn incentives for exceptional service.