3.0.0 3750 2023-01-11T13:42:40Z 2023-01-11T13:42:40Z Senate S 2020-05-14 116 ssfi00 Finance Committee Senate Standing Referred to 2020-05-14T21:23:35Z Medicare Accelerated and Advance Payments Improvement Act of 2020 116 6837 HR 2020-05-12 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 2020-05-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-05-14 Introduced in Senate IntroReferral 10000 9 Library of Congress S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH N B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO 2020-05-14 True S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2020-05-14 True C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2020-05-14 True H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH 2020-05-14 True J000300 Sen. Jones, Doug [D-AL] Doug Jones D AL 2020-05-14 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2020-05-14 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2020-05-14 True H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. 2020-05-14 True M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV 2020-05-14 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2020-05-14 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2020-05-14 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2020-05-14 True R000608 Sen. Rosen, Jacky [D-NV] Jacklyn Rosen D NV 2020-05-14 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2020-05-14 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2020-06-03 False C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2020-09-10 False Health Cardiovascular and respiratory health Congressional oversight Corporate finance and management Emergency medical services and trauma care Health facilities and institutions Health personnel Health programs administration and funding Hospital care Infectious and parasitic diseases Interest, dividends, interest rates Medicare Securities Wages and earnings Health 00 2020-05-14 Introduced in Senate 2020-07-21T21:19:50Z Medicare Accelerated and Advance Payments Improvement Act

This bill establishes and otherwise modifies requirements for the Medicare Accelerated and Advance Payment Program during the public health emergency relating to COVID-19 (i.e., coronavirus disease 2019). The program provides Medicare payments in advance to eligible providers experiencing claims or cash flow disruptions, such as during national emergencies; the program was specifically expanded in response to COVID-19 to encompass more types of providers, subject to certain recoupment and repayment provisions.

Under the current program, recoupment of advance payments (through claims offsets) begins up to four months after the payment is made. Additionally, certain hospitals have one year to repay the full amount; other types of providers have seven months. Repayments made after this period are subject to the prevailing interest rate set by the Department of the Treasury (generally around 10% in FY2020).

The bill delays recoupment for one year and caps the recoupment at 25% of a claim. The bill also gives all providers up to two years for full repayment and caps the interest rate at 1%. Additionally, the Centers for Medicare & Medicaid Services (CMS) may waive repayment entirely upon a demonstration of extreme hardship, among other factors.

The bill also requires the CMS to continue to make the program available to providers of Medicare medical services for the duration of the public health emergency. (The CMS suspended the program for such providers on April 26, 2020.)

]]> Medicare Accelerated and Advance Payments Improvement Act Display Title Medicare Accelerated and Advance Payments Improvement Act Short Title(s) as Introduced Medicare Accelerated and Advance Payments Improvement Act Introduced in Senate IS Official Title as Introduced A bill to amend title XVIII of the Social Security Act to modify the accelerated and advance payment programs under parts A and B of the Medicare program during the COVID-19 emergency. Introduced in Senate IS Introduced in Senate 2020-05-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3750is/xml/BILLS-116s3750is.xml 2020-05-14 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.