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The same legislation that repealed the Medicare sustainable growth rate (SGR) formula also reauthorized funding for the State Children’s Health Insurance Program (CHIP) through 2017.
As a joint federal-state program, CHIP finances health insurance for more than 8 million children, and funding was set to expire September 30, the end of the current fiscal year, if Congress had not extended it. The bill to repeal the SGR and reauthorize CHIP funding was passed March 26 by the House of Representatives and April 14 by the Senate.
Rubin R. Senate Extends Funding That Provides Health Insurance for Children. JAMA. 2015;313(18):1787. doi:10.1001/jama.2015.4506