MACRA
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The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), P.L. 114-10, became law on April 16, 2015. This is also known as the "SGR-fix". This repealed the formula for the sustainable growth rate (SGR), which had required mandatory reductions in reimbursements by Medicare for services. Instead, MACRA provides for annual increase in payments of 0.5 percent, from July 1, 2015, through 2019.