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Most Medicare patients report having a usual source of care and being able to schedule timely doctor appointments. Few seniors had problems finding a new doctor in 2012, with most not seeking one. Less than 1% of physicians have formally opted out of Medicare, of which 42% are psychiatrists. About 9 in 10 physicians accept new Medicare patients at a rate equal to or higher than those with private insurance. Congress has overridden 16 scheduled cuts to Medicare payments to physicians since 2003 due to the Sustainable Growth Rate formula. Repealing the SGR would cost $115 billion over 10 years.
