MACRA
Medical abbreviation · Health Insurance
| Stands for | Medicare Access and CHIP Reauthorization Act |
|---|---|
| Categories | Medical |
MACRA stands for Medicare Access and CHIP Reauthorization Act, a health insurance abbreviation.
Federal law of 2015 that repealed Medicare's sustainable growth rate formula for physician payments and created the Quality Payment Program, with its MIPS and advanced alternative payment model tracks. It also extended CHIP funding.
Example: MACRA ended the annual SGR "doc fix" fights in Congress.
Usage notes
The sustainable growth rate formula, adopted in 1997, called for repeated large fee cuts that Congress overrode 17 times before MACRA. The law passed with broad bipartisan majorities. Pronounced "MACK-ruh".
Related abbreviations
More health insurance abbreviations
- LCD – Local coverage determination
- LIS – Low-Income Subsidy (Extra Help)
- LPFSA – Limited-purpose flexible spending account
- LTCI – Long-term care insurance
- MA – Medicare Advantage
- MAC – Medicare Administrative Contractor
- MAGI – Modified adjusted gross income
- MAPD – Medicare Advantage Prescription Drug plan
- MCO – Managed care organization
- MEC – Minimum essential coverage
- MIPS – Merit-based Incentive Payment System
- MLR – Medical loss ratio
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This entry is for general education and is not medical advice. Abbreviation use varies between institutions; always confirm in context.