US SB1396 | 2015-2016 | 114th Congress

Status

Sponsorship: Bipartisan Bill
Status: Introduced on May 20 2015 - 25% progression, died in committee
Action: 2015-05-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 Directs the Department of Health and Human Services (HHS) to establish a demonstration program to test Value-Based Insurance Design methodologies in Medicare Advantage plans under part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act for beneficiaries with chronic clinical conditions. Defines "value-based insurance design methodology" as one for identifying specific prescription medications and clinical services for which copayments or coinsurance should be reduced or eliminated due to the high-value and effectiveness of such medications and services for specific clinical conditions. Directs HHS to expand the demonstration program, except in certain circumstances, by issuing regulations to implement, on a permanent basis, those components that are beneficial to Medicare beneficiaries and the Medicare program.

Tracking Information

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Title

Value-Based Insurance Design Seniors Copayment Reduction Act of 2015

Sponsors


History

DateChamberAction
2015-05-20SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB2570 (Related) 2015-06-18 - Received in the Senate and Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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