3.0.0 1396 2023-01-11T13:31:06Z 2023-01-11T13:31:06Z Senate S 2015-05-20 114 ssfi00 Finance Committee Senate Standing Referred to 2015-05-20T17:09:20Z Strengthening Medicare Advantage through Innovation and Transparency for Seniors of 2015 114 2570 HR 2015-06-18 Received in the Senate and Read twice and referred to the Committee on Finance. Related bill CRS 2015-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress T000250 Sen. Thune, John [R-SD] John Thune R SD R. N S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2015-05-20 True Health Administrative law and regulatory procedures Department of Health and Human Services Health care costs and insurance Medicare Prescription drugs Health 00 2015-05-20 Introduced in Senate 2015-06-18T14:31:53Z 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.

]]> Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 Display Title Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 Official Title as Introduced A bill to establish a demonstration program requiring the utilization of Value-Based Insurance Design in order to demonstrate that reducing the copayments or coinsurance charged to Medicare beneficiaries for selected high-value prescription medications and clinical services can increase their utilization and ultimately improve clinical outcomes, enhance beneficiary satisfaction, and lower health care expenditures. Introduced in Senate IS Short Titles as Introduced Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 Introduced in Senate 2015-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1396is/xml/BILLS-114s1396is.xml 2015-05-20 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.