I think your front-page headline 'GMS correction factor to end' (GP, 13 January) is wildly inaccurate.
As a GPC member on the formula review group I can assure you that this is not the case. Indeed, as my practice depends on a correction factor payment of over £230,000, I can assure you that you would have heard from me were it remotely true.
Of course, as the MPIG and the correction factor were only introduced as a quick fix to the potential problems caused by the implementation of the original Carr-Hill formula, then it should be our aim to get rid of them eventually.
This will only be done when we have a new formula backed by sufficient funding to ensure that no practice loses money on the scale that might have happened after Black Wednesday.
My estimate is that it will take many years for sufficient funding to be made available to get all practices off MPIG and so the correction factor is going to be around for a long time to come.
Dr Eric Rose, GP and GPC member, Milton Keynes, Bedfordshire